Economy of Romania
Bulgaria’s Foreign Trade Declines as Exports and Imports Drop in 2024
Bulgaria's foreign trade has been experiencing a decline since the start of the year, according to recent data from the National Statistical Institute.
Cypriot GDP seen at 2.9% this year
Growth in Cyprus will be at 2.9% in 2024, according to the April projections published on the website of the republic's Ministry of Finance.
For the years 2025-2027, GDP is expected to grow further by 3.1%, 3.2% and 3.3% respectively.
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Romania And Bulgaria Boast EU's Most Affordable Consumer Prices For 2022
In the year 2022, Romania and Bulgaria emerged with the lowest consumer prices for goods and services within the European Union (EU), showcasing a remarkable 41% below the EU average, according to data released by the National Statistical Institute of Romania on Friday.
Drop recorded in Greece’s current account deficit
Greece posted a 5.2-billion-euro decrease in the current and capital account deficit in the first quarter of 2023 compared to the first quarter of 2022, a development related to the significant growth in the balance of secondary incomes, i.e.
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Govt highlights investment growth in budget documents
Ljubljana – Finance Minister Andrej Šircelj highlighted a substantial increase in investments, in particular in healthcare, as he presented the budget documents for the coming two years after the government session on Wednesday.
Bucharest Stock Exchange closed upwards the last trading session of the week
Bucharest, Aug 27 /Agerpres/ - The Bucharest Stock Exchange closed upwards the last trading session of the week, with a value of transactions of 49.08 million lei (9.95 million euros). The main BET index appreciated by 0.59%, to 12,389.58 points, and BET-Plus, which shows the evolution of the most liquid 37 shares, recorded a similar increase.
Romania's economy advances 6.5pct in H1 2021
Romania's Gross Domestic Product (GDP) advanced 6.5% in H1 2021 y-o-y in unadjusted terms, and 6.2% when seasonally adjusted according to the flash estimates published on Tuesday by the National Institute of Statistics (INS). In Q2 2021, GDP increased by 1.8% on a quarterly basis seasonally adjusted. When compared to the same quarter one year before, the Romanian economy was up 13.6%.
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Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1
The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).
Over 10 billion RON traded during first 7 months on stock market, capital market goes up by 25 pct
Investors present at the Bucharest Stock Exchange (BVB) have intensified their trading activity during the first 7 months of this year, which determined the cumulated transaction value with all types of instruments to surpass 10.4 billion RON, the equivalent of 2.1 billion EUR, according to a report from the Stock Exchange.
OMV Petrom posts rising net profit by 13%, to 980 million RON, after H1
OMV Petrom has ended its first semeter of this year with a net profit of 980 million RON, rising by 13% in comparison with the similar period of last year, according to the data sent on Wednesday by the Bucharest Stock Exchange (BVB).