Minister Ghinea: PNRR is not just an investment list but also a list of structural reforms that the Commission has been asking from us for years
The Minister of European Investment and Projects, Cristian Ghinea, states that “PNRR is not Santa’s investment list; it is also a list of assumed reforms… Mai mult›
Luca de Meo (foto), the new general manager (CEO) of Renault group, considers that Dacia project proved to be a miracle and that no one… Mai mult›
A former Soviet airbase in central Romania could become a hub for US Air Force operations in south-eastern Europe, where the Pentagon is seeking to… Mai mult›
Nuclearelectrica shareholders approved to terminate negotiations with Chinese for building reactors 3 and 4 from Cernavoda
Nuclearelectrica’s Board of Directors has been mandated to initiate proceedings to terminate negotiations with China General Nuclear Power Group (CGN), as well as legal effects… Mai mult›
“Putting capacity growth projects planned in Morocco and Romania on hold” – is one of the measures included in the draft plan of Renault Group… Mai mult›
de Mariana Bechir 20.3.2017
Economists believe that the Romanian economy and the international context would not justify a significant depreciation of the local currency, writes Digi24, adding: However, analysts do not rule out the prospect that the National Bank would not intervene to stop depreciation.
The depreciation started late last year – on 28 December, when the reference rate of 4.5409 lei/euro was the highest for the euro in the last three years.
On 8 March, it has been registered the lowest average exchange rate calculated by BNR in the last almost four years.
We remind that the 2017 state budget was based on a forecast rate of 4.46 lei/euro, considered optimistic by the analysts.