Are we exiting from the exit?
Foto: SergeyTikhomirov / depositphotos.com So, it happens. Under the specter of Russia’s war on Ukraine, Europe is starting to think the hitherto unthinkable and break away from oil and gas imports that were and still are financing the Russian war machine. In late March, US-President Joe Biden and European Commission President Ursula von der Leyen […]
The Romanian capital market goes up by 55% during the two years of pandemic and over 80,000 Romanians are now invested in the stock market
The Romanian capital market has been characterized by resilience to uncertainties and has brought significant potential benefits to investors who have chosen to place their savings in the financial instruments listed on the Bucharest Stock Exchange. From the end of February 2020, when the first case of coronavirus was registered in Romania, and until the […]
Austrian-Romanian economic relations on an all-time high!
Foto: ADVANTAGE AUSTRIA The economic relations between Romania and Austria represent an impressive success story, which was only briefly interrupted during the pandemic in 2020. In 2021, the bilateral trade volume of EUR 5.1 billion exceeded the five-billion-Euro-mark for the first time, 27.2 % above the previous record set in 2019. In 2021, exports rose […]
AUSTRIA’S MEDICAL TECHNOLOGY
Foto: ADVANTAGE AUSTRIA Medical technology from Austria encompasses everything from diagnostic devices and dental instruments to building and managing large hospitals. Medical technology and life sciences are among the most important economic sectors of the 21st century. Demographic developments, medical progress and the challenge of integrating constant innovation are boosting demand for new solutions in […]
The hard part is still to come
Foto: rafapress / depositphotos.com Earlier this year, overjoyed officials in Bucharest had some long awaited piece of good news to deliver: the Council of the OECD finally decided to open accession talks with Romania. The 38 countries in the organization account for 18% of the world’s population, but for almost two thirds of the global […]
When troops move, finances shake
Foto: chaiyapruek / depositphotos.com Earlier this year, the economic daily Wall Street Journal (WSJ) reported that, although the globalization was supposed to prevent the war, Russia could now come to prove just the opposite. According to WSJ authors, the Russian leader Vladimir Putin allegedly bet that the Western allies would not be willing to pay […]
Defensive driving, a step towards normality
Foto: BecNorbert, Dragoș Savu Defensive driving courses have been part of the reality of other countries for more than 50 years. We, the Romanians, will discover them in an institutionalized form starting this year. Funny thing, I find a similarity between the current hysteria about vaccination and the defensive driving courses. Vaccination is not mandatory, […]
Bucharest Stock Exchange kicks off 2022 with a new all-time high: over 16,000 trades performed in a single day
The volatility in the international markets also spilled over to the Romanian capital market in January, and the investment activity intensified against the backdrop of the escalation of the international uncertainties. The factors that decisively influenced the capital markets in January included an update in the investment strategies after a record-breaking 2021, which resulted in […]
Mixed blessings
Foto: vladem / depositphotos.com 15 years ago, on January 1st 2007, Romania became a member of the European Union – a nice, round anniversary, prompting all sorts of festive messages. President Klaus Iohannis said that the accession to the EU anchored Romania in the European area of democracy and values and that the European path […]
2022… a better year?
A thrifty man makes a chariot in winter and a sledge in summer … or should we look around a bit, before making plans for the future, in order to avoid any surprise? Romania, Europe, Earth … in this order, I would like to do this little exercise to anticipate what the year 2022 will […]