Romanians pay loan installments with annual effective interest rates almost double compared to many European countries. According to Eurostat data, the average annual effective interest rate on ...
The three-month ROBOR index, which is used to calculate the cost of consumer loans in RON with variable interest rates, rose on Friday to 5.58% per year, up from 5.56% per year in the previous session ...
September 2024p, the balance-of-payments current account posted a deficit of EUR 19,777 million, compared with EUR 16,063 million in the same year-ago period. The breakdown shows that the deficit on ...
A new study by LIFE IS HARD, a leader in digitalizing the insurance industry, in collaboration with research firm Cult Research, provides an in-depth view of Romanians’ outlook, concerns, and openness ...
Romania’s October inflation rate came in at 4.67%, above consensus. There are renewed pressures from the drought in the country, and that’s prompting us to revise our inflation forecasts from 4.2% to ...
The European Commission's Autumn Forecast projects GDP growth in 2024 at 0.9% in the EU and 0.8% in the euro area. Economic activity is forecast to accelerate to 1.5% in the EU and to 1.3% in the euro ...