Prime Minister Florin claims Nazare's ministry lags behind on a large number of projects.
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.
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.
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.
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.
Industrial prices leapt by just over 2% m/m in May and kept recovering in line with the reopening of the global economy.
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.
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
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 increased to €107.5bn at the end of April, close to the 50% of the GDP estimated for 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.
Deficit remains in line with the government's consolidation plans that received unexpectedly strong support from the fast economic recovery.
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
The stock of bank loans in Romania increased by 10.1% y/y as of the end of May, to €60.2bn, accelerating from 8.3% y/y growth one month earlier.
Romania’s GDP per capita increased to 72% of the European Union’s average last year, after rising by 20 percentage points over the past decade.
One United contracts new loans as it aims to raise €54mn with 10% IPO, which would price the company at up to €540mn.
€3bn development is among an increasing number of topics where the centre-right coalition is failing to find common ground.
The combination of low interest rates, accumulation of reserves in households’ accounts and rising demand for housing resulted in a booming housing market not only in Romania but globally.