Florentina Cernat

Central bank cautions of cryptocurrencies' high volatility and risk

The National Bank of Romania (BNR) notes that the public interest in virtual currencies (also called crypto-assets) is on a steady upward trend and cautions that, in its opinion, these remain highly volatile and extremely risky speculative assets that are highly likely to cause financial loss to the investors, BNR said in a statement on Thursday.

Romania attracts 3.5 billion euros from foreign capital markets, through bond issue

Romania, through the Ministry of Finance, launched on April 7 this year's first issue of Eurobonds that attracted 3.5 billion euros on the international capital markets, which enjoyed a special interest from investors, according to a press release of the Ministry of Finance, sent on Thursday to AGERPRES.

Romgaz, ready to take over offshore drilling project amid unexpectedly high interest of banks

Romgaz is ready to take over ExxonMobil's share in the Neptun Deep Black Sea offshore natural gas project, and funding that will be a mix of equity and raised money, Romgaz Director General Aristotle Jude told a news conference on Tuesday. "On March 31, we submitted an offer to take over ExxonMobil's share in the Neptun Deep block.

ANRM: Romania's interest is in Black Sea natural gas investment to start in 2022, or deposits will devalue

 Romania's interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said on Thursday Director of the National Mineral Resources Agency (ANRM) Sorin Gal.

Competition Council starts investigation into suspicion of price rigging by Samsung

The Competition Council (CC) has launched an investigation into the Romanian electronics and IT&C market, suspecting that Samsung has agreed with a number of retailers, such as Altex, Flanco and eMag, on selling prices of its products, according to a press release of the competition institution, sent on Monday to AGERPRES.

Unemployment in Romania reaches 3.35pct at end-February 2021

Romania's national unemployment rate was 3.35% at the end of February, up 0.01 percentage points on a monthly basis, according to a press statement released by the National Employment Agency (ANOFM) on Wednesday. The rate was 0.42 percentage points higher y-o-y. The total number of the unemployed at the end of February 2021 was 293,461, 1,245 more than at the end of the previous month.

Investments worth 1.563 billion lei in electricity networks last year

Electricity distribution and transmission operators invested a total of 1.563 billion lei last year, compared to a forecasted value of 1.572 billion lei, which means an achievement of over 99 percent, according to a press release of the Romanian Energy Regulatory Authority (ANRE), sent to AGERPRES on Monday.

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