Finance | 31 January, 2025 at 1:25 PM
ECB rate cut creates new risks for investors
A divergence in monetary policy between the ECB and the US Federal Reserve could have significant ramifications for capital flows.
A divergence in monetary policy between the ECB and the US Federal Reserve could have significant ramifications for capital flows.
ECB will continue to cut interest rates by 25 basis points, although a more aggressive cut of 50 basis points would be more justified given the fragile economic situation.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.