Analysis
A.T. Kearney: Wages In Bucharest Top Those In Iasi, Timisoara or Cluj, But Cost Of Living Is Similar
The average net salary in Romania’s capital Bucharest is higher than in cities like Iasi, Timisoara and Cluj-Napoca, but the cost of living in all these cities is similar, according to a stu...
INS: Romania Trade Deficit Narrows To EUR3.64B In Jan-May
Romania’s trade deficit narrowed to EUR3.64 billion in the first five months of 2011, from EUR3.93 billion in the year-earlier period, the country’s statistics institute INS said Monday.
Romania's Annual Inflation Seen At 8.5% In June
Romanian consumer prices are likely to increase by 0.2% on the month in June, while the annual inflation is seen accelerating to 8.5%, according to a median forecast of the country’s associa...
How Crisis Shaped Romania's Economy
Industry has increased its contribution to the gross domestic product (GDP), in the past two years through exports, and has remained the driver of the economy, analysts say. Unfortunately, i...
Export Of Wood Products Up 33% Last Year
Wood processing companies invested hundreds of millions of euros in plants and thought they would find it difficult to sell their production in a time of crisis. But 2010 was a good year for...
Attracted By High Yields, Foreign Investors Now Hold Over 15% Of Leu-Denominated Paper
Foreign investors, mostly corporate entities, owned leu-denominated state paper worth nearly 9.2 billion lei (EUR2.2 billion), accounting for around 15% of the market volume.
Analysts Believe The Economy Slowed Down In Q2 Against Q1, Despite Positive News In May
The economy is expected to slow down in the second quarter against the first quarter, despite good news on May performance, say analysts.
No Money To Pay Jobless Benefits To Even Half Of Those Who Failed High-School Finals
The education system reform that led to the lowest pass rate among students taking the high-school graduation exam of the entire history of the system leaves behind more than 110,000 young p...
Overnight Deposits At BNR Rise To RON45.6B In June
Overnight deposits at Romania’s central bank BNR reached a combined amount of 45.6 billion lei (EUR11 billion) in June, up 14.6% on the month, central bank data showed Tuesday.