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IMF Softens Government Optimism. Budget Now Based On "More Cautious" Growth
Macroeconomics

IMF Softens Government Optimism. Budget Now Based On "More Cautious" Growth

Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World B...

Neagu Bogdan Mircea · 22.01.2013 · 00:38 · 2 min
Raiffeisen: Romanian Economic Growth Potential Down To 2%
Banks-Insurance

Raiffeisen: Romanian Economic Growth Potential Down To 2%

Romania’s economic growth potential has declined significantly over the past years and, absent better demographic figures, it could drop even lower in the future, said Ionut Dumitru, chief e...

Florentina Dragu · 26.09.2012 · 17:39 · 1 min
Romania 1Q GDP Growth Held Back By Falling Investment, Constructions
Macroeconomics

Romania 1Q GDP Growth Held Back By Falling Investment, Constructions

Declining activity in public administration and defense sectors, alongside fewer investments in administrative services and constructions held back Romania’s economic growth in the first qua...

Neagu Bogdan Mircea · 06.06.2012 · 10:00 · 1 min
Romania Ponders New Measures To Revive Consumption, Higher Wages Included
Macroeconomics

Romania Ponders New Measures To Revive Consumption, Higher Wages Included

Romania's government and the central bank are working on a new set of measures aimed to increase domestic consumption, including possible salary increases in the public sector, the executive...

Florentina Dragu · 09.03.2012 · 16:26 · 1 min
Romania's Economy May Slip Into Technical Recession In 1Q, FinMin Says
Macroeconomics

Romania's Economy May Slip Into Technical Recession In 1Q, FinMin Says

Romanian Finance Minister Bogdan Dragoi Friday estimated the country’s economy has slipped back into technical recession in the first quarter, hit by bad weather.

Florentina Dragu · 09.03.2012 · 14:07 · 1 min
Romania 2011 GDP Growth Fueled By Agriculture, Industry
Macroeconomics

Romania 2011 GDP Growth Fueled By Agriculture, Industry

Romanian gross domestic product grew at an annual rate of 2.5% in 2011, benefiting from a very good agricultural year and steady industrial performance, the country’s statistics institute IN...

Florentina Dragu · 06.03.2012 · 10:00 · 1 min
Export Growth Slows To A Halt In December
Macroeconomics

Export Growth Slows To A Halt In December

Romanian companies exported a record EUR45 billion in 2011, 20% more than the previous year. Yet shipments abroad showed signs of a slowdown in the last quarter.

Radu Bostan · 10.02.2012 · 00:00 · 3 min
Boc: Romania Posts 2% GDP Growth In 2011, Budget Deficit Below 4.4% Of GDP
Macroeconomics

Boc: Romania Posts 2% GDP Growth In 2011, Budget Deficit Below 4.4% Of GDP

Romania posted an economic growth close to 2% in 2011 and it has kept the budget deficit below the target of 4.4% of the gross domestic product, Prime Minister Emil Boc said Wednesday.

Andrei Cîrchelan · 04.01.2012 · 16:22 · 1 min
Companies

How Much Businesspeople Felt The 3% Economic Growth Announced By Basescu For 3Q

The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but n...

Claudia Medrega · 02.11.2011 · 00:00 · 5 min