Romania
Romania’s trade gap widens by 17% in 2018
Imports increased faster than exports for the fifth year in a row, driven by fiscal stimulus that surfaced in households’ superior incomes.
Romania’s retail sales up 5.5% y/y in 2018
The growth of sales was driven by higher wages, higher employment and more abundant consumer lending.
Romania-based blockchain startup gets Canadian financing
Cluj-based AlphaBlock raised funding to finish its product, which uses artificial intelligence and blockchain to manage the risks faced by pension funds.
Romania sets 2024 as firm euro adoption deadline
Bucharest has repeatedly postponed the deadline, even at times when it was better prepared in terms of nominal convergence criteria.
Investors shrug off politics to boost deal value in emerging Europe
The value of M&A deals in the region soared by 20.1% in 2018, with investors largely ignoring populism and protests in Central and Southeast Europe, a CMS/EMIS report shows.
Bitcoin mania spreads to the Western Balkans
Adaption of legal frameworks lags behind interest in cryptocurrencies in the region.
Eastern EU member states lag in robotisation
Faced with a growing labour shortage, companies from Central and Eastern Europe are investing into industrial robots, but Eurostat data shows they still lag behind their western peers.