Debt-fuelled consumption, heavy imports and wage hikes without productivity gains — the two-decade formula no longer works, analysts at Romania's largest banks say.
The consumption-and-imports growth model has exhausted its potential after two decades.
Economists call for a shift to high-value-added production and sustained private investment.
Romania's governance crisis and the August 2026 PNRR deadline complicate any structural transition.
An electric city car smaller and cheaper than the Spring has entered public road tests. Renault-Dacia wants to gauge demand before committing to a production launch.
Dacia Hipster, an electric city car cheaper than the Spring, has made its first public road appearance.
Public reactions are positive, with the boxy compact design drawing curiosity.
The decision to launch in series production depends directly on public feedback being gathered now.
The National Bank warns that Romania's record EU deficit in 2024 — driven by chronic revenue overestimates and spending underestimates — cannot be fixed with a single adjustment package.
Romania recorded the EU's largest budget deficit in 2024, driven by chronic spending underestimates.
Recent fiscal measures could push the 2026 deficit below the government's own target.
The central bank warns that restoring macroeconomic balance requires years of sustained effort, not quick fixes.
Jeroen Degadt, poached in 2023 from Proximus — Belgium's largest telecom operator — is stepping down from the helm of the Romanian group's Belgian subsidiary.
Jeroen Degadt, CEO of Digi Belgium, is stepping down after roughly three years in the role.
He was recruited in 2023 from Proximus, Belgium's leading telecom operator.
The reasons for his departure and the name of his successor have not been disclosed.
A Romanian-French consortium has announced the first regional venture capital fund dedicated to the West Region, backed by €26M in public commitment from the regional development agency.
The fund targets €37M total; €26M is committed by the West Regional Development Agency.
The consortium includes French firm Aster Capital Partners alongside Iceberg+ and Venture Booster.
Capital will be deployed into startups across the four counties of Romania's West Region.