Fitch maintains Romania’s rating / 6 things to remember from the agency’s press release: from the budget to pensions
The Fitch rating agency left Romania's rating at BBB- with a stable outlook. "The BBB- rating is supported by EU…
Economy
Argentina’s Milei promises to ‘push’ reforms despite opposition
PolicyArgentinaArgentina's Milei promises to 'push' reforms despite opposition03/02/2024March 2, 2024Argentina's libertarian president, Javier Milei, has vowed to press ahead with…
Elon Musk sues OpenAI for “betrayal of original mission”
OpenAI, the creator of ChatGPT, already under antitrust scrutiny for its close ties to Microsoft, is now the subject of…
The European Commission asks Meta to clarify about paid subscriptions
The European Commission on Friday asked Meta to explain its ad-free subscription system on Facebook and Instagram, which the associations…
Energy is almost free in the spot markets of Spain and Portugal / Electricity is 35 times more expensive in Romania
For more than a week, the price of electricity on the spot markets of Spain and Portugal fell so much…
MAI promises that this year vehicle registration will be done online: only obtaining numbers will require presence at the counter
Registration of vehicles this year will be possible online, in a few clicks, through the platform of the Main Department…
Romania’s international reserves are approaching 70 billion euros
Romania's foreign exchange reserves from the National Bank increased in February by almost two billion euros (reaching 63.1 billion euros)…
How much will employees contribute to second-level pensions this year. ASF will allow investing more than 70% of assets in government bonds for 5 years – Project
Following the increase in the contribution rate from 3.75% to 4.75% for the second level of pensions, the Financial Supervisory…
Elon Musk sued Sam Altman and OpenAI, the company he co-founded
Elon Musk has filed a lawsuit against OpenAI, its CEO Sam Altman and others, whom he accuses of violating contracts…
Romania PMI: Deteriorating economic situation / Manufacturing sector remains in recession
Romania's manufacturing sector remained under pressure in February, according to the latest PMI results for Romania published on Friday by…