The National Bank of Romania's (BNR) Board of Directors decided on Monday to maintain the key interest rate at 6.50% per annum in its first monetary policy meeting of the year.
The beginning of 2026 will bring lower mortgage interest rates in Romania, both for fixed rates (over 98% of current loans) and variable rates, according to a market report by online broker Ipotecare.ro and financial consultant SVN Romania Credit & Financial Solutions.
Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.
Investors are anxiously eyeing the tariff-related decisions Donald Trump may make once he reaches the Oval Office in the White House.
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.
Emerging market currencies are going to be under pressure until at least the third quarter of 2024.
Net investments across the national economy reached a total of RON 216.45 billion (€43.29 billion) in 2025, marking a 5.0% increase compared to 2024.
Bulgaria, Croatia, Poland, and Romania could raise labour productivity by up to 10 to 15% through wider adoption of digital technologies, particularly software and AI-enabled tools, according to a report by World Bank Group.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
The Romanian government approved a €500 million financing contract with the European Investment Bank (EIB) for the Sibiu-Pitești highway project on Thursday.
Romania's Ministry of Finance has drafted legislation to extend state aid for road transport operators, providing compensation for diesel price increases until the end of 2026.