Analysis
Overnight Interbank Rates Hit Lowest Level Since Financial Crisis
Romanian overnight interest rates on the interbank market dropped to 1.71%-2.21% a year Thursday, amid liquidity surplus, reaching the lowest level since the global financial crisis first hi...
Euromonitor: Bucharest, World’s 55th Most Visited City In 2010
Romania’s capital Bucharest was the 55th most visited city in the world in 2010, with 2.1 million visitors, up 5.4% on the year, and outranked tourist destinations such as Athens, Rio de Jan...
Romania Ranks Second In Eastern Europe By Highway Inaugurations
Romania ranks second in the region in terms of kilometers of highway finalized last year (58 kilometers), behind Poland, which opened 217 kilometers of highway to traffic last year, accordin...
20 Largest Employers Group 6% Of Romania's Total Workforce
The 20 largest employers in Romania have almost 240,000 employees, or 6% of the country's workforce.
Agriculture Contributed EUR19B To 2011 GDP, 2012 Doesn’t Look Nearly As Good
The agricultural sector contributed almost EUR19 billion to the Romanian gross domestic product in 2011, according to the estimates of Raiffeisen Bank’s research unit based on preliminary da...
Analysts Welcome BNR’s Rate Cut But Say More Needs To Be Done
Analysts welcome Romania’s central bank (BNR) decision to cut the main interest from 6% to 5.75%, considering the downward trend of inflation and the risks about an economic growth slowdown...
BNR's Key Rate Cut Will Not Be Transmitted In Lending - Analysts
The rate cut announced Thursday by Romania’s central bank will not be felt in the loan interest rates applied by banks, since the measure does not improve liquidity in the system and the mar...
Erste Forecasts A 17% Increase Of BET In 2012
Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor...
Plane Beats Train In Bucharest, At Last
More planes land on the Henri Coanda (Otopeni) Airport in Bucharest now than trains entered the Bucharest main train station (Gara de Nord - North Station) after ten years during which deman...