Romania: ING Bank Expects Romania's Central Bank To Keep Key Rate At (…)

January 13, 2025

ING Bank Expects Romania's Central Bank To Keep Key Rate At 6.50% At Its January 15 Meeting
Jan 13, 2025

ING Bank Expects Romania's Central Bank To Keep Key Rate At 6.50% At Its January 15 Meeting.

ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (January 13, 2025).

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

Tennis player Gabriela Ruse wins all-Romanian match to reach Australian Open second round Gabriela Ruse secured a spot in the second round of the Australian Open 2025 on Tuesday, January 14, after defeating fellow Romanian Irina Begu. Ruse won 6-4, 6-0 in a match that lasted just an hour and 19 minutes, News.ro reported. In the second round, Gabriela Ruse is set to face 19th seed (…)

SelfPay Contracts EUR1.5M Loan from Banca Transilvania for Business Expansion SelfPay, which owns the largest network of self-service payment terminals in Romania, has signed a EUR1.5 million credit contract with Banca Transilvania.

Poultry Investment Wants to Export 25% of Output in 2025, from below 10% Currently The European market’s interest for high quality chicken meat is rising and Romania’s joining the Schengen zone is bringing new opportunities. In this context, Poultry Investment, the company behind Puiul de Craiesti brand, has an ambitious plan: to export 25% of its production in the coming year.

IKEA Supplier IPEC Budgets almost EUR32M Turnover for 2025 IPEC, one of IKEA’s main suppliers in Romania, for 2025 forecasts turnover worth RON158 million (EUR31.7 million), up around 15% from last year, in line with ZF calculations based on company data.

Norofert Expands Irrigation System to 400 Ha Organic farm input producer Norofert has expanded its irrigation system to 400 hectares and is set to make investments for another 350 hectares in 2025, according to Vlad Popescu, president of the company’s board.

Expert warns far-right may win Romania's presidential elections unless traditional parties find common grounds The Romanian far-right electorate accounts for less than 40%, but two of its candidates may make it to the second round of the presidential elections if the "traditional parties" fail to provide a coherent alternative – the rector of the Political Sciences School in Bucharest (SNSPA), Remus (…)

Romanian president under pressure from top Liberal members who mention resignation Influential members of the National Liberal Party (PNL) expressed opinions on the resignation of president Klaus Iohannis, while party acting leader Ilie Bolojan defended Iohannis and rejected a formal approach in this regard. Klaus Iohannis previously headed PNL, and the rather unpopular and (…)