Analysis
ING: Jobless Figures Don’t Reflect Romanian Economic Reality
Romanian declining unemployment rate “is spectacular”, but it doesn’t reflect the economic reality in the country, ING Bank said in a report Friday.
ING Sees Romanian Leu Firming To 4.05 Vs Euro On Short-Term
Romania’s leu is likely to trade near 4.05 per euro in the next few months, benefiting from a substantial narrower current account deficit, ING Bank said in a report Friday.
Romania Power Output Seen At 88.5 TWh In 2035
Romanian power output is estimated to grow 66% to 88.5 TWh by 2035, from 54.7 TWh in 2010, with most of the energy coming from nuclear and wind plants, according to a draft action plan from...
Tax Increases Could Shadow Romania Private Consumption Recovery
Romanian private consumption is set to pick up in the coming period, following sharp reductions in the previous years, but recovery could lag behind due to possible tax increases and higher...
GfK: Romanians Concerned Over More Price Increases
Romanian consumers estimate further price increases in the coming period, due to possible higher taxes and charges, a survey from market researcher GfK showed Thursday.
BNR: Bank Payment Refusals Rise To RON614.5M In March
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 614.5 million lei (EUR150.2 million) in March, up 15.3% on the month, central bank data showed Thu...
Romania 1Q Crude Steel Output Up 13% On Year To 945,000 Tons
Romania’s crude steel production rose 13% on the year to 945,000 metric tons in the first quarter of 2011, the World Steel Association said in a report Wednesday.
PwC: New Labor Code To Generate Opportunities For Fast Growing Companies, Skilled Staff
Romania’s new Labor Code will generate new opportunities for fast growing companies and for skilled and resourceful employees, although, on the short run, it will not lead to massive job cre...
WB: Romanian Leu Set To Firm Vs Euro On Long-Term
Romania’s leu is bound to strengthen against the euro on the long run, once living standards improve, Kaspar Richter, senior economist at the World Bank (WB) told MEDIAFAX Tuesday.