Romania

Romania’s CFA analysts' sentiment improves despite Fitch warning and political turmoil

bne IntelliNews January 24, 2025

The CFA Romania Association's Macroeconomic Confidence Indicator increased in December by 6.7 points to a still gloomy value of 38.1 points on a 0-100 scale.

Trump issues anti-wind executive order

bne IntelliNews January 23, 2025

President Donald Trump quickly issued an unexpectedly sweeping executive order that prevents federal government involvement in permitting of all offshore and onshore wind projects, including on private onshore land.

Lack of large deals shrinks Romania’s M&A market

Iulian Ernst in Bucharest January 23, 2025

Real estate, construction and energy remained the dominant sectors, says new report from EY.

ECOFIN endorses Romania’s 7-year fiscal plan

Iulian Ernst in Bucharest January 22, 2025

Fiscal consolidation is needed to reassure investors after Romania's budget deficit hit 8.6% of GDP in 2024.

Trump withdraws US from Paris Agreement

Newsbase January 22, 2025

President Donald Trump wasted no time withdrawing the US from the Paris Agreement merely hours after being sworn-in on January 20.

COMMENT: Europe needs to start the fightback against Trump now

Robert Anderson in Prague January 21, 2025

The European centre-right is facilitating the populist attack on liberal democracy.

Ultranationalist Georgescu most popular candidate ahead of Romania's presidential election

Iulian Ernst in Bucharest January 21, 2025

Calin Georgescu tops a new poll, but may struggle to secure a second-round victory against the ruling coalition's candidate Crin Antonescu.

Analysts expect ‘perfect storm’ of political risks in 2025

Clare Nuttall in Glasgow January 20, 2025

Global political risk is set to intensify in 2025 with international trade becoming a geopolitical battleground after Trump’s return to office, said Verisk Maplecroft analysts.

EBRD aims to ramp up investment in Romania to €1bn a year

Clare Nuttall in Glasgow January 20, 2025

Increase was largely down to a hike in investment into projects supporting Romania’s green transition.

OUTLOOK Southeastern Europe 2025

bne IntelliNews January 20, 2025

What is in store for Southeastern Europe in 2025? bne IntelliNews’ annual OUTLOOK: Southeastern Europe 2025

Emerging Europe split between eager anticipation and wary acceptance ahead of Trump inauguration

bne IntelliNews January 17, 2025

For some leaders in Central and Southeast Europe, the new Trump presidency is seen as a opportunity; for others it’s a challenge to navigate carefully.

Poll reveals dominance of far-right presidential candidates in Romania

Iulian Ernst in Bucharest January 17, 2025

Calin Georgescu is the most popular candidate ahead of the May presidential election.

Wages in Romania complete two-year growth cycle, but the outlook deteriorates

bne IntelliNews January 17, 2025

The average net wage in Romania (chart) increased by 13.1% y/y in November (+12.3% y/y in October) after a significant 2.3% m/m advance in the month (the steepest monthly advance since March) mainly driven by the manufacturing segment.

Russian presidential adviser warns Moldova may “cease to exist”

Iulian Ernst in Bucharest January 15, 2025

Influential Russian presidential advisor Nikolai Patrushev uses unprecedentedly aggressive rhetoric against Moldova, saying it may "become part of another state or ... cease to exist".

Inflation returns to above 5% y/y at end-2024 in Romania

bne IntelliNews January 15, 2025

Romania’s consumer prices (chart) increased by 0.3% m/m in December resulting in a 5.14% y/y headline inflation, marginally faster compared to the 5.11% y/y in November and only 1.5 percentage points lower compared to 6.6% y/y one year earlier.

Net FDI in Romania dips in 2024

Iulian Ernst in Bucharest January 14, 2025

Romania's bleak economic outlook and the gradual phasing off of fiscal incentives are set to negatively affect FDI in the coming year.

Romania’s political deadlock deepens as nationalists rise

Iulian Ernst in Bucharest January 13, 2025

Tens of thousands of people joined protest against cancellation of presidential election, which thwarted far-right candidate Calin Georgescu’s presidential ambitions.

EBRD delivers 26% expansion in investments in 2024, commits record €16.6bn across economies

bne IntelliNews January 10, 2025

Lender notes strong momentum in green and gender financing, in parallel with steadfast support for Ukraine and its real economy.

COMMENT: The EU’s Green Deal is a “policy disaster”

bne IntelliNews December 29, 2024

Energy analyst Dr Tom O'Donnell has issued a stark critique of the European Union's Green Deal, describing it as a "policy disaster" that requires radical reform to prevent further industrial decline and to bolster energy security.

Romania's ruling coalition survives elections

Iulian Ernst in Bucharest December 24, 2024

Lawmakers back PSD-PNL grand coalition, but 2025 presidential election is likely to alter the balance of power and prompt a reshuffle.

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