Romania's Finance Ministry raised RON1.93 billion from banks on Monday (Dec.16), selling government paper in two auctions, at annual average yields of 6.40% and 7.05%, respectively.
Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia with 12.6%, according to data published by EU's Statistical Office, Eurostat, on Dec. 16, 2024.