Russian GDP forecast to slump 12% in 2022, while Ukraine's GDP will halve. Bulgaria, Slovakia and the Baltic states will have two quarters of negative growth.
The corn harvest is estimated at 13.7mn tonnes for the 2021/22 marketing year in Romania, one of the EU's top two corn producers.
Central bank board member says prices "exceeded our darkest expectations" as annual inflation rate shoots up to 10.2%.
Daniel Dines says smart investments in digital agriculture can turn Romania into one of the key players in Europe's agriculture sector.
Spike in commodity prices combined with need to find new suppliers after war in neighbouring Ukraine push up prices in Moldova.
Package to help low-income households and firms hit by rising prices and the war in Ukraine.
Romania’s trade gap widened by 30% y/y in February and by 50% y/y in the first two months of the year.
Romania’s public debt increased by €4.1bn in the first two months of this year.
Rich countries must reduce oil and gas output by 74% by 2030 and fully by 2034 in order to keep the world on track for 1.5°C and give poorer oil-reliant countries longer to replace their income from fossil fuel production.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.
Forecaster expects the war to add 2 percentage points to CEE inflation this year.
Listing of Romanian energy company Hidroelectrica expected to result in a major IPO estimated at around €1.8bn.
Dressingz' plans for the current year include raising a new round of funding to support its expansion on the European market.
There is deep disappointment over the rate of progress of various Roma inclusion policies of the European Union during the last few decades.
Outlook for the sector is complicated as it faces challenges ranging from higher costs of construction materials to the regional turmoil caused by the war in Ukraine.
Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.
Commercial debt and equity markets can help fill funding and policy gaps, and rally bank and fund manager interests to public purpose.
But the recovery is set to be dented by effects of Ukraine war and soaring energy prices.
The main index of the Bucharest Stock Exchange, BET, boasted a robust 12.6% y/y annual advance as of March 11.
The war between two of the world’s top grain exporters, Russia and Ukraine, has sent prices to record levels and forced importers to urgently seek out alternative sources.