Central Bank: Romania Forex Reserves Drop To EUR63.5B In June 2026Romania's foreign exchange reserves stood at EUR63.5 billion at the end of June 2026, lower than EUR64 billion reported at the end of May 2026, Romania’s central bank has announced on Wednesday, July 2.
Consumer Loan Reference Index IRCC Edges Down To 5.56% In Q3/2026The IRCC, which banks use to set the interest rate for new loans taken since the spring of 2019, will drop slightly to 5.56% a year in the third quarter of 2026 (between July 1 and September 30, 2026), compared to the 5.58% level set for the second quarter of 2026, as per data released by (…)
PepsiCo Announces Leadership ChangesMihaela Hristea, who has been working at PepsiCo for nine years, was appointed General Manager, East Balkans, following the promotion of Radu Berevoescu to General Manager, East Europe.
"I'll sign it now": Grindeanu agrees to rotating PM“I’ll sign it right here, right now.” Sorin Grindeanu announced his willingness to agree to a rotating government if the PSD is allowed to nominate the prime minister first.
Romanian Court suspends PNL congress decisionThe judges of the Third Civil Division of the Bucharest Tribunal have ruled on the legality of the decision made by the Extraordinary National Council of the National Liberal Party (PNL) to convene the Liberal Party Congress.
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