ECONOMIC GROWTH
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Government Must Cut VAT, Social Security Contributions To Stimulate Economic Growth - Investors
Romania’s Government must reduce the value added tax back to 19%, lower social security contributions and eliminate taxes on reinvested profit to ensure sustained economic growth, according...
Decline Of Investments Weighs Down On Romania's Economy
Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat.
Romania Economic Growth Slows To 1.3% In Second Quarter
Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed W...
Isarescu: Romania Must Stimulate Sustainable Economic Growth
Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday.
Prime Minister Ponta Expects 2.4% Economic Rise In First Half, ING Sees 1.8%
The National Statistics Institute is set to announce the economic growth for the first half of the year in mid-August, but estimates have already appeared, suggesting GDP growth of between 1...
Exports, Domestic Demand, Investments Must All Support Economic Growth, Says Lagarde
Exports, domestic demand and the investments are the three engines that should propel Romania’s economy, as depending on only one growth driver will lead to imbalances hard to stabilize, acc...
IMF Cuts Romania’s Economic Growth Forecast To 1.6% From 2.5%
The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012.
Industry Goes Through Wave Of Closures Affecting Economic Growth
Romania’s industry is dealt blow after blow: chemical plant Oltchim, refinery Arpechim, and steel plants Mechel are falling apart and the Government cannot find solutions. Where is Romanian...
Radu, Unicredit: 2013 Will Be Sluggish, With No Signs Of Economic Growth
The year 2013 will be lethargic – liquidity will no longer be a problem for the banking market, but we shall witness a lack of loan demand and it is very difficult to tell where economic gro...