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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

30 October 2020

The leaders of the Romanian reformist block USR-PLUS, Dan Barna and Dacian Ciolos, presented on Thursday, October 29,...

Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

30 October 2020

Romania's largest opposition party, the Social Democratic Party (PSD), will invite the lawmakers to vote once again the...

Romania Insider
30 June 2010

Romanian news Nokia achieves 1 billion-euro business in only three years – in Ziarul Financiar, Food and car sales grow before the VAT increase – in Ziarul Financiar, Finance Minister announces deeper recession than expected in 2010 – in Ziarul Financiar

Drug imports 17 times higher than exports – in Ziarul Financiar

Romania Insider
30 June 2010

The International Monetary Fund board will meet on Friday, July 2nd, to discuss the fourth revision of the stand-by agreement with Romania, which could unlock the fifth loan installment to Romania, around EUR 900 million. If the board approves this installment, the money should go into the Romanian Central bank reserves within two working days.

Romania Insider
29 June 2010

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Romania Insider
29 June 2010

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Romania Insider
29 June 2010

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

Romania Insider
29 June 2010

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

Romania Insider
28 June 2010

The Romanian central bank (BNR) is likely to keep the key interest rate unchanged at 6.25 percent after its board meeting this Wednesday, according to analysts quoted by Mediafax newswire.

The Central bank has been slashing the rate in its previous board meetings, but it will not continue to do so due to the recently announced hike in the Value Added Tax (VAT) rate to 24 percent.

The key interest rate was of 8 percent at the beginning of the year, when BNR continued to cut the interest rate, after slashing 2.25 percentage points last year.

Romania Insider
28 June 2010

Food and non-alcoholic beverage prices in Romania are 34 percent below the average in the European Union, which puts the country among the cheapest places to buy these products, according to Eurostat.

Bread and cereals were priced 39 percent below the EU average in Romania last year. The same products were even cheaper in Bulgaria and Poland, but most more expensive in Denmark – 46 percent above the Eu average.

Romania Insider
30 June 2010

Romanian news Nokia achieves 1 billion-euro business in only three years – in Ziarul Financiar, Food and car sales grow before the VAT increase – in Ziarul Financiar, Finance Minister announces deeper recession than expected in 2010 – in Ziarul Financiar

Drug imports 17 times higher than exports – in Ziarul Financiar

Romania Insider
30 June 2010

The International Monetary Fund board will meet on Friday, July 2nd, to discuss the fourth revision of the stand-by agreement with Romania, which could unlock the fifth loan installment to Romania, around EUR 900 million. If the board approves this installment, the money should go into the Romanian Central bank reserves within two working days.

Romania Insider
29 June 2010

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Romania Insider
29 June 2010

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Romania Insider
29 June 2010

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

Romania Insider
29 June 2010

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

Romania Insider
28 June 2010

The Romanian central bank (BNR) is likely to keep the key interest rate unchanged at 6.25 percent after its board meeting this Wednesday, according to analysts quoted by Mediafax newswire.

The Central bank has been slashing the rate in its previous board meetings, but it will not continue to do so due to the recently announced hike in the Value Added Tax (VAT) rate to 24 percent.

The key interest rate was of 8 percent at the beginning of the year, when BNR continued to cut the interest rate, after slashing 2.25 percentage points last year.

Romania Insider
28 June 2010

Food and non-alcoholic beverage prices in Romania are 34 percent below the average in the European Union, which puts the country among the cheapest places to buy these products, according to Eurostat.

Bread and cereals were priced 39 percent below the EU average in Romania last year. The same products were even cheaper in Bulgaria and Poland, but most more expensive in Denmark – 46 percent above the Eu average.

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