Economy | 22 April, 2025 at 2:16 PM
Romania records highest EU deficit in 2024
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
A recent study by Raiffeisen Bank, in collaboration with global market research company Appinio, reveals that three out of four respondents are planning home renovations in 2025.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.