Romania posted the second-highest annual inflation rate, of 5.2%, among European Union (EU) Member States, in February 2025, with Hungary ranking first, with a 5.7% rate, and Estonia placing third with 5.1%, data from Eurostat, the bloc's statistical office, showed on Wednesday (March 19).
Litera Group will take over Elefant.ro in a deal set to end the insolvency the latter is going through and to mark the relaunch and strengthening of its presence on the online retail market in Romania.
Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and for the senior unsecured bond rating and Baa2 for senior non-preferred debt.