Romania

CEE's arms industry seeks to profit from new Cold War

bne IntelliNews March 8, 2022

Central and Eastern Europe’s arms industry should also benefit from the shift of defence up the list of political priorities.

Retail sales in Romania flat in January amid rising uncertainty

bne IntelliNews March 7, 2022

As uncertainty over inflation and energy bills remains high, consumer confidence is unlikely to strengthen significantly over the coming quarters.

VISEGRAD BLOG: Nato rethinks the security of its Eastern Flank

Robert Anderson in Prague March 3, 2022

We may be witnessing the construction of a new Iron Curtain in Eastern Europe, though this time the former Warsaw Pact states of Central Europe will be on the western side.

Hungary left isolated as all other EU states announce they are quitting IIB and IBEC

bne IntelliNews March 3, 2022

The Czech Republic, Bulgaria, Slovakia and Romania have announced that they will quit the two Soviet-era international banks because of the Russian invasion of Ukraine.

Romania’s forex reserves shrink in February

Iulian Ernst in Bucharest March 2, 2022

The central bank’s low tolerance for currency depreciation may increase the cost of market interventions on the forex reserves.

Romanian government announces it is pulling out of “Russian” IIB

bne IntelliNews February 28, 2022

The Czech Republic will also accelerate its departure and has called on EU states to withdraw from Russian-dominated financial institutions.

Refugees start to flee from Ukraine to neighbouring countries

bne IntelliNews February 25, 2022

Ukraine’s neighbours are preparing for the arrival of a wave of refugees following the Russian invasion of the country.

Southeast Europe’s markets plunge on news of Ukraine invasion

bne IntelliNews February 24, 2022

Stock prices plunged across Southeast Europe on February 24 as news broke of Russia’s invasion of Ukraine in the early hours of the morning.

Bank lending can’t keep pace with inflation in Romania

bne IntelliNews February 24, 2022

The stock of bank loans in Romania increased by 15.1% y/y to RON326.5bn at the end of January, but in real terms, the annual advance was only 6.% y/y.

Slovenia proposes offering EU perspective for Ukraine as most of Southeast Europe condemns Russian actions

bne IntelliNews correspondents in Southeast Europe February 23, 2022

Serbia and Republika Srpska profess neutrality over conflict in eastern Ukraine, despite reports of pressure on Belgrade to back western sanctions on Russia.

Catalyst Romania launches its second venture capital fund targeting tech startups

bne IntelliNews February 23, 2022

Catalyst Romania Fund II is the first second-generation venture capital fund in Romania.

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