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One raises the economic growth forecast from 2.5% to 3.2% in 2023. Inflation falls below 10% and budget deficit reaches 4.7% of GDP The European Commission believes the Romanian economy will grow more strongly than previously expected and has raised its forecast for real GDP growth from 2.5% to 3.2% in 2023. "Economic growth [...]

At the EU level, there were 134 million pigs in November/December 2022, 5% less than in 2021. More than half of the decline in EU herds is due to the situation in Germany, the second largest producer in the EU, and Denmark, the fourth largest EU producer, which lost 10% (2.4 million head) and [...]

In the context of a constantly developing economy, transportation and logistics are two key areas that have a significant impact on Romania's economic growth and competitiveness in the international market. In the year 2023, the transportation and logistics sector faces a series of changes and challenges, as well as significant opportunities for growth and [...]

The completion of Romania's accession to Schengen is "of paramount importance," President Klaus Iohannis said at the annual meeting with the heads of diplomatic missions accredited in Bucharest. “Romania is already contributing and remains committed to contributing to a secure and efficient Schengen area. From this point of view, the completion of Romania's accession to [...]

As announced in our December newsletter, we would consider whether the provisional date of February 10 next could be maintained. And three times it is a charm, given the Corona vicissitudes, we have come to the conclusion that we have to postpone the Romanian Business Day until Thursday 14 April. Of course, the situation in [...]