Consequences of credit rating downgrades for Romania
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.
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.

Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.
BTa and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID. The project is part of the EU Digital Wallet Consortium's large-scale pilot funded by the European Commission (EC) to advance the eIDAS 2 regulation, which requires all EU banks to accept EUDIW for KYC and strong customer authentication by 2027.
Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.
Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.
Full Season, a German company and a key part of Media Broadcast Satellite (MBS), a leading provider of technical media services, has officially opened its first Bucharest office.