Romania Inflation Remains Stable At 4.9%

Romania's consumer price inflation held steady in April after easing slightly in the previous month, data from the National Institute of Statistics showed on Tuesday. The consumer price index, or CPI, rose 4.9 percent year-on-year in April, the same as …

Romania has launched its second renewables auction

The Romanian Ministry of Energy is launching its second auction to support electricity generation from renewable sources. Investors can bid for 3,472 megawatts (MW) of capacity, 2,000 MW for onshore wind and 1,472 MW for solar power. The maximum strike …

Romania Pavilion: The Romanian Magic Box

Romania pays 8.45% yield on 14-month Treasury bonds – 1.5pp up m/m

Romania’s Treasury on May 12 placed RON 540 million (EUR 100 million) of Government bonds on the domestic market at an average yield of 8.45% by reopening an issue that matures at the end of July 2026, according to the National Bank (BNR). The yield is 1.5 …

Garanti BBVA Romania secures EUR 50 mln from the EBRD and adds another EUR 85 mln to support green economy investments

Garanti BBVA Romania has signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) worth of EUR 50 mln, aimed at strengthening the bank’s capital base and expanding its lending capacity in the Romanian economy, with a …

Romania’s famous Praid Salt Mine still closed due to flooding after heavy rains

The Praid Salt Mine, in central Romania, is still closed to tourists due to the flooding that took place following last week’s rains. Salt extraction activities are also halted due to the risk of collapse, while efforts are underway to remove the water …

Over 70 museums across Romania join 2025 Night of Museums this weekend

Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore …

Erste estimates Romania's central bank sold EUR 6 bln to keep currency stable after presidential ballot

The National Bank of Romania (BNR) probably spent/sold EUR 6 billion of its foreign exchange reserves to prop up the local currency (leu) last week after the victory of far-right presidential candidate George Simion in the first round of elections, …

Romania’s foreign trade gap up 27% y/y in Q1

Romania’s foreign trade deficit (goods) widened by 27% y/y to EUR 8.45 billion in Q1, according to data published by the statistics office INS. Exports rose by 2.7% y/y while imports surged by 8.1% y/y. Romania’s deficit in foreign trade in …

Romania’s government taps retail debt market with new issues

Romania’s Treasury has launched new issues of government bonds under the Tezaur and Fidelis schemes, paying yields of 6.75% (1-year) to 7.8% (5-year) for the local currency debt and up to 6.25% (7-year) for euros. After the Treasury raised RON 21.4 billion …