The Romanian capital market outgrows 2020 in the first month of this year to set new all-time highs
The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant increases, which exceeded in one month the level achieved throughout the entire 2020. The BET-TR index, which also includes the dividends, went up by 5.1% in January as compared to the December last year. […]
Talking Taxes
SergeyNivens / depositphotos.com How nations spend their money says a lot about the respective society. Romania vamps up arms systems, while investing less in education and public health. But this time let‘s look at the other part of the state finances equation: revenues. Looking at current figures, there is an unpleasant picture unfolding. Basically, according […]
Wanderlust
Until recently, we managed to survive on this planet mostly thanks to our ability to adapt. But, over the past 100 years or so, we have been trying to adapt the planet to our needs. If there’s a road to success… we’ll have to see. Pandemic challenged our collective memory to surface our adaptation skills. […]
Global economy – from recession to recovery. But at what pace?
violetkaipa / depositphotos.com On the 5th of January 2021, World Bank announced from Washington D.C. that global economy is expected to expand by 4% in 2021, assuming that the initial COVID-19 vaccine rollout becomes widespread throughout the year. However, the world credit institution shows that economic recovery will likely be subdued, unless political decision-makers act […]
New all-time high trading value with all types of financial instruments traded on the Bucharest Stock Exchange (BVB) in 2020: the investors active on the Romanian stock exchange traded financial instruments with a total value of RON 18.3 billion, the equi
New all-time high trading value with all types of financial instruments traded on the Bucharest Stock Exchange (BVB) in 2020: the investors active on the Romanian stock exchange traded financial instruments with a total value of RON 18.3 billion, the equivalent of EUR 3.77 billion. It is the highest value ever recorded on the main […]
The European Dilemma of the Minimum Guaranteed Wages
Photo: andresvic / depositphotos.com Fearing poverty, the Swiss from Geneva have recently approved the introduction of the highest guaranteed minimum wage in the world: 4,086 Swiss Francs, meaning about 3,700 Euro. Being promoted by left-wing parties and trade unions, this measure aims at fighting Corona-virus induced poverty in the said Swiss city, yet it also […]
From Constanța to Gdansk, via Washington
While the Trump Administration wants to make America great again, it is stepping up engagement in Central Europe, and Romania and other countries of the region stand to profit. America has once again become the talk of the town in Bucharest. The old myth of the Americans coming to save Romania has been revived in […]
Liquidity goes up 3 times on Bucharest Stock Exchange in the first month when Romania promoted to the Emerging Market status
Romania’s promotion to the Emerging Market status, according to the classification of the global index provider FTSE Russell, had immediate effects on the Bucharest Stock Exchange. Romania became an Emerging Market and was included in several FTSE Russell indices dedicated to Emerging Markets starting from September 21st, turning September into a booming month for the […]