duminică

29 mai, 2022

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Romania has improved its competitiveness compared to the Czech Republic and Bulgaria at the regional level in recent years but lost ground compared to Croatia, Poland and Hungary, according to data released by Eurostat. With an index calculated...
12 aprilie, 2021
If delayed long after 2022, the investment in natural gas exploitation in the Romanian commercial area of ​​the Black Sea could become unprofitable. Also, not all reserves will be extracted anymore, according to the estimates of the National...
11 aprilie, 2021
The structure of Romania’s economy has a number of peculiarities compared to the European average in terms of the contribution brought by major sectors to the formation of gross value added (GVA). On the one hand, industry and...
15 martie, 2021
The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version made public. The nominal value resulting from the overall calculation for the last...
15 martie, 2021
Romgaz (SNG) will submit an offer to take over ExxonMobil’s participation in the concession for the exploitation of natural gas from Neptun Deep perimeter in the Black Sea, before the expiration of the current two-month term of the...
28 februarie, 2021
Before analysing the two graphs below, let’s set the coordinates: Expenditures with public sector staff (i.e. state employees) in the 2021 Budget are expected to amount to about RON 110 billion, representing 62% of the total budget. If...
28 februarie, 2021
The Government discusses in Wednesday’s meeting the memorandum by which the Ministry of National Defence requests the Romanian Parliament’s approval for initiating the procedures for awarding the contracts related to 10 endowment programs. According to the legislation in...
28 februarie, 2021
The Government estimated at almost 1.29% of GDP (RON 14.38 billion) the impact of measures for preventing and combatting COVID-19 pandemic on 2021 general consolidated budget, according to the Ministry of Finance’s forecast report on the macroeconomic situation...
14 februarie, 2021
Romania’s GDP will increase by 3.8% in 2021 and 4% in 2022, respectively, according to the winter economic forecasts, published on Thursday by the European Commission. Inflation in Romania would be 2.6% this year and 2.4% next year....
14 februarie, 2021
The net import of electricity in first 11 months of 2020 was already higher by 73.9% compared to the whole 2019, despite the consumption reduction, according to the data announced on Friday by the National Institute of Statistics...
17 ianuarie, 2021
The pandemic has significantly changed the consumption habits but also the saving habits of Romanians, according to the INS data analysed by cursdeguvernare.ro. The saving rate registered a record increase in 2020 and the average of the first...
17 ianuarie, 2021
Over the last years, the United Kingdom has been Romania’s most important foreign trade partner, with which we have managed to record a significant trade surplus. Island economy’s exit from the community bloc and the establishment of barriers...
10 ianuarie, 2021
The Ministry of Public Finance has contracted government securities worth RON 1.2 billion, of which state bonds maturing in October 2030 covered EUR 801.8 million, and the rest consisted of a discounted issue of treasury certificates, due in...
10 ianuarie, 2021
The imminent future of the economies of Central and Eastern Europe, the end of the tunnel for the Covid crisis, Eastern convergence – how does a Polish expert see the medium-term development of emerging EU states and what...
4 ianuarie, 2021
The GDP 2020 estimate has been reduced for the third time in a row in the so-called Preliminary Autumn Forecast for the budget amendment published by the specialised National Commission. From an economic result of RON 1,141.4 billion...
23 noiembrie, 2020
The intergovernmental agreement between the United States and Romania in the nuclear-civil cooperation field has received the European Commission’s approval, and Romania will start construction works for reactors 3 and 4 of Cernavoda Nuclear Power Plant, Prime Minister...
23 noiembrie, 2020
A system which can save Romania from the packages waste and, at the same time, can ensure fulfillment of obligations in the field towards the EU. On the contrary, we can expect harsh financial penalties starting January 1st....
18 noiembrie, 2020
Romanian Leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime, the Czech Republic, Poland and Hungary. Data published by BNR show a much lower devaluation of...
8 noiembrie, 2020
Offshore perimeters in the Black Sea The Ministry of Economy would be satisfied if the exploitation of natural gas in Neptun Deep perimeter in the Black Sea would start even in 2025, according to a statement of the...
8 noiembrie, 2020
Romania was among the least affected EU member states in Q2 2020 in terms of temporary layoffs, reduced working hours or job losses, according to the analysis published by Eurostat. The consequences of Covid19 pandemic varied significantly from...
1 noiembrie, 2020

Brexit effect on Romanian foreign trade

Over the last years, the United Kingdom has been Romania’s most important foreign trade partner, with which we have managed to record a significant trade

Brexit effect on Romanian foreign trade

Over the last years, the United Kingdom has been Romania’s most important foreign trade partner, with which we have managed to record a significant trade

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