Analysis
Eurostat: Romania's GDP Per Capita Falls To 55% Below EU Average In 2010
Romanian gross domestic product per capita expressed in purchasing power standards (PPS) fell to 45% of the European Union average in 2010, the second-lowest level in the bloc, official data...
BNR: Bank Payment Refusals Rise To RON504M In May
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 503.6 million lei (EUR119 million) in May, up 7.15% on the month, central bank data showed Monday.
Eurostat: Romania 1Q Labor Costs Rise At 3rd Fastest Pace In EU
Total hourly labor costs in the Romanian economy rose 4.5% on the year in January to March, the third-biggest increase in the European Union, official data showed Monday.
Almost 9,200 Romanian Firms Went Insolvent In Jan-May
A total number of 9,177 companies were dubbed insolvent in the first five months of the year, slightly less than 9,357 in the same interval of 2010, according to data published Friday by tra...
Eurostat: Romania April Construction Output Sees 7th Biggest Decline In EU
Romanian construction output fell 4.3% on the year in April, the seventh sharpest decline in the European Union, official data showed Friday.
How Local Fund Managers See The Greek Crisis
The escalation of the Greek debt crisis has chased investors away from stock markets, which have suffered major corrections in the past few days. The stock exchanges could be appeased if Eur...
Romania’s Cement Output Rose 13% In 1Q, To 0.8 Mln Tons
Romania’s cement output rose 13% on the year in the first quarter, to 798,000 tons, Thursday said Mihai Rohan, president of cement maker association CIROM.
Analysts: Economy Failed To Replicate Q1 Performance In Q2
Analysts of local banks believe Romania's economy had a weaker performance in the second quarter than in the first, when it rose by 0.7%, and there is even the risk of a slight GDP decline.
PwC: Romania Needs Private Investors To Upgrade Public Heating System
The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means pri...