Finance - Business Review

Finance

Eurostat: Romania posts third largest budget deficit in the EU last year

Finance April 23, 2018 13:00 0 comments

Romania registered last year a budget deficit of 2.9 percent of Gross Domestic Product (GDP), the third-largest among the 28 European Union member states, after Spain and Portugal, according to Eurostat data released on Monday.…more »

World Bank shareholders approve USD 13 bln capital increase, to boost lending to around USD 80 bln

Finance April 23, 2018 09:26 0 comments

Shareholders of the World Bank approved a USD 13 billion paid-in capital increase in a move designed to increase the group’s overall lending to nearly USD 80 billion in fiscal 2019. The international financial institution…more »

Are you paying too much in taxes? See the lists of corporate and personal income tax by country

Finance April 21, 2018 08:00 0 comments

"In this world nothing can be said to be certain, except death and taxes," according to Benjamin Franklin. But it is certain that some in the world are paying more taxes than others. And to…more »

bitcoin cryptocoin romania

Here are the most popular cryptocurrencies as of April 19

Finance April 19, 2018 14:47 0 comments

The ranking of the most popular cryptocurrencies is led by Bitcoin as of April 19, according to coinmarketcap.com. Bitcoin’s market capitalization stood at USD 139.87 billion at a price of USD 8,234 per BTC. Second…more »

Romania has six times more Bitcoin ATMs than China. WORLD MAP

Finance April 19, 2018 12:29 0 comments

The United States is home to greatest number of Bitcoin ATMs with 1,645 machines, while Canada is second with 432 ATMs and Austria third with 141. North America controls the ATM market for Bitcoin, which…more »

P&G buys Merk’s consumer health business in EUR 3.4 bln deal

Finance April 19, 2018 10:35 0 comments

Procter & Gamble said it will acquire the consumer health business of Merck KGaA for about EUR 3.4 billion in a transaction designed to help the multinational conglomerate expand its exposure to Latin American and…more »

Romania to pay USD 6.12 mln in first contribution to Asian Infrastructure Investment Bank

Finance April 19, 2018 09:46 0 comments

The Ministry of Finance plans to pay USD 6.12 million as part of Romania’s membership deal with the Asian Infrastructure Investment Bank, according to a draft bill. The memorandum approved in February 2017 states that…more »

Bank deposit profits in Romania, slaughtered by inflation

Finance April 19, 2018 08:20 0 comments BR Exclusive

Rising inflation cancels the yield of bank deposits and affects Romanians who keep their savings in bank accounts, and the effects are more visible than ever in 2018. According to the Funds Managers' Association, the…more »

ZebraPay rebrands as SelfPay following EUR 350,000 investment

Finance April 18, 2018 15:24 0 comments

ZebraPay, the supplier of self-service payment solutions, rebranded as SelfPay following a EUR 350,000 investment. The rebranding campaign includes the launch of new payment stations. Adrian Badea, CEO of SelfPay, said that the company expects…more »

Romania remained in March the EU member state with the highest inflation rate

Finance April 18, 2018 14:27 0 comments

Romania maintained in March its position as the country with the highest annual inflation rate among the European Union member states, of 4 percent measured by Harmonised Indices of Consumer Prices (HICP), Eurostat data showed…more »