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Macroeconomics

Eurostat: Romania's 1Q GDP Expands At Slowest Pace In EU

Romania's economy grew at the slowest pace in the European Union in the first quarter of 2011 compared with the similar period a year before, official data showed Friday.

Florentina Dragu · 13.05.2011 · 13:23 · 1 min
Romania’s Economy Makes It Out Of Recession
Macroeconomics

Romania’s Economy Makes It Out Of Recession

Romania's economy expanded by 0.6% in the first quarter, after a meager recovery of just 0.1% three months earlier, a flash estimate of the country’s statistics institute showed Friday.

Florentina Dragu · 13.05.2011 · 10:01 · 1 min
Real Estate

PwC: Romania's Construction Market Will Gain $22B By 2020

The Romanian construction market is expected to grow by $22 billion over the next 10 years, according to a study released Thursday by consultants PricewaterhouseCoopers.

Andrei Cîrchelan · 12.05.2011 · 14:22 · 1 min
Analysis

Analysts See Romania's 1Q GDP +0.6% On Quarter

Romania's economy is likely to increase by 0.6% in January to March compared to the previous quarter, according to estimations of the country’s association of financial and banking analysts...

Florentina Dragu · 12.05.2011 · 14:07 · 1 min
Macroeconomics

Romania's Industrial Output Rises At 8th Fastest Pace In EU In March

Romania’s industrial production rose 7% on the year in March, the eighth biggest increase in the European Union, official data showed Thursday.

Florentina Dragu · 12.05.2011 · 12:45 · 1 min
Banks-Insurance

CSA: Insurance Market Fell 6.6% To RON2.14B In 1Q

Romania’s insurance market declined 6.6% in the first quarter of the year, to 2.14 billion lei (EUR530 million), driven by a 8.8% drop in general insurance, to RON1.71 billion, according to...

Gavrila Oana · 12.05.2011 · 12:20 · 1 min
Banks-Insurance

Banks Fill BNR's Accounts Instead of Seeking Clients To Lend To

Bankers prefer to place their money at the central bank BNR at an interest of just 2.25% a year on leu-denominated deposits, while not taking any chances on the real economy.

ZF English · 12.05.2011 · 00:10 · 1 min
Social/Politics

How Government Sees PPPs: We Adopted the Law, Now the Private Sector Should Come Up With the Money!

Public-Private Partnerships (PPP) do not mean that the Government comes with the plot and then sits around waiting for investors to bring the money, do the project and then share the benefit...

ZF English · 11.05.2011 · 23:48 · 1 min
Analysis

Romania Unlikely To Reach 2011 Budget Deficit Target - BRD

Romania’s recently adopted laws which aim at structural reforms are likely to improve long-term sustainability of public finances, but their short-term effect will probably be insufficient t...

Florentina Dragu · 11.05.2011 · 19:15 · 1 min