EC
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EC Lowers Romania's GDP Growth Estimate to 3.6% in 2018 from 4.5%
The European Commission has lowered its economic growth projection for Romania to 3.6% for 2018 from a previous forecast of 4.5%, it said in its fall economic forecast released Thursday.
ArcelorMittal Confirms It Will Sell Romanian Steel Mill; EC Expected To Make Final Decision Until May 23
ArcelorMittal Group, which owns in Romania the steel mill in Galati (the former Sidex), the largest exporter in the heavy industry, confirms it will sell its Romanian unit to be able to buy...
EC Sees Romania's Economic Growth Slow Down in 2018, 2019
Romania's economic growth is consumption driven and is expected to decelerate to 4.5% in 2018 and 4% in 2019, according to the European Commission's winter 2018 interim economic forecast.
EC Revises Romania's 2017 GDP Growth Forecast to 5.7% from 4.3%
The European Commission has revised it's projections for Romania's economic growth to 5.7% this year from 4.3% previously, and to 4.4% in 2018 from 3.7% previously, according to its autumn e...
European Commission Opens Investigation Into Gas Export Restrictions From Romania
The European Commission has opened a formal investigation to assess whether Romania's gas transmission system operator Transgaz has been hindering gas exports from Romania to other EU Member...
EC Expects Romania’s Inflation Rate To Rise Gradually, Budget Deficit To Reach 3.5% Of GDP
Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations...
EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%
The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its...
EC: 20% Richest Romanians Have An Income 8-Fold Higher Than Income Of Poorest 20%
The richest 20% of the Romanian population have an income more than eight times higher than the income of the poorest 20%, a ratio significantly higher than the EU average, according to the...
EC: Corruption Affects Business Environment, Decree 13 Generated Risks For Anti-Corruption Efforts
Corruption remains an obstacle for doing business in Romania, being acknowledged as a major issue, as shown in perception surveys and most recently in a Eurobarometer on the Cooperation and...