bneGREEN: EU carbon pricing set for radical reforms

Richard Lockhart in Edinburgh July 13, 2021

The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.

Romanian premier dismisses minister of finance

bne IntelliNews July 9, 2021

Prime Minister Florin claims Nazare's ministry lags behind on a large number of projects.

bneGREEN: CEE surfs the green bond wave

Robert Anderson, and bne IntelliNews reporters July 9, 2021

Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.

wiiw raises its GDP forecast for 20 out of 23 countries in CEE

bne IntelliNews July 8, 2021

The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.

bneGREEN: What is green?

bne IntelliNews July 6, 2021

Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.

Romania’s stock exchange outperforms Western peers as index hits all-time high

Iulian Ernst in Bucharest July 6, 2021

The Bucharest Stock Exchange’s blue-chip index BET has increased by almost 22% since the beginning of this year, double the 10.5% growth recorded by the LSE’s FTSE 100.

Romania’s industrial prices increased by 10.4% y/y in May

Iulian Ernst in Bucharest July 5, 2021

Industrial prices leapt by just over 2% m/m in May and kept recovering in line with the reopening of the global economy.

Changing world gives agrifood tech a boost in Romania

Clare Nuttall in Glasgow July 4, 2021

Agrifood tech is poised to grow in Romania, which combines one of Europe’s largest agricultural areas with a strong IT sector, say the authors of a new report on the sector.

CEE regional sentiment up again in June but analysts warn of price pressures

bne IntelliNews July 1, 2021

Capital Economics analysts point to evidence of growing price pressures in eastern EU members.

bneGREEN: Hydro’s elderly turbines need fresh investment to contribute to net zero

Richard Lockhart in Edinburgh June 30, 2021

Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.

Romania’s energy blockchain revolution failed before it started

Iulian Ernst in Bucharest June 30, 2021

The ICOs of two tokens launched in Romania three years ago raised a total of $55mn, but today their values have plunged close to zero and their websites are down. bne IntelliNews investigates where their founders are now.

Romania’s public debt nears 50% of GDP after April Eurobond issue

bne IntelliNews June 30, 2021

Romania’s public debt increased to €107.5bn at the end of April, close to the 50% of the GDP estimated for 2021.

Under half of emerging Europe economies to achieve full recovery in 2021

bne IntelliNews June 29, 2021

EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.

Romania’s 2.3%-of-GDP May public deficit keeps full-year 7% target feasible

Iulian Ernst in Bucharest June 28, 2021

Deficit remains in line with the government's consolidation plans that received unexpectedly strong support from the fast economic recovery.