The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022.
Romania’s Competition Council on Monday announced it was reviewing the deal whereby travel agency Christian Tour intends to take over AnimaWings Aviation, a company specializing in charter flights.
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (December 4) selling bonds with a nominal value of RON500 million due in 2027, at an annual average yield of 6.58%.
All seven mandatory private pension funds in Romania, known as Pillar II, the largest investors at the Bucharest Stock Exchange and the second largest buyer of bonds issued by the finance ministry, after the banking system, in October 2023 increased their ownership stakes in companies listed on the local capital market, in line with data aggregated by Ziarul Financiar (ZF) daily.
Romania's foreign exchange reserves stood at EUR58.89 billion at the end of November 2023, higher by EUR700 million than EUR58.18 billion at the end of October 2023, central bank data showed on Monday (December 4).