ECONOMIC GROWTH
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Moody’s Sees Romania’s GDP Growing 4% On Medium Term; Keeps Country’s Rating At Baa3, With Negative Outlook
Romania's credit profile (Baa3 negative) balances a medium-term economic growth potential, moderate institutional and governance strength, and still relatively favorable debt metrics against...
Foreign Investors Council Sees Romania’s 2021 Economic Growth Above European Average
The Foreign Investors Council (FIC), an organization that brings together over 120 multinational companies, said Romania’s economic growth in 2021 would exceed the European average, which wi...
Banca Transilvania Expects Romanian Economy To Feel Pandemic Shock in March-May
Romania's economy could feel the biggest shock of the Covid-19 pandemic in the March-May 2020 period, said Andrei Radulescu, chief macroeconomic analyst at Banca Transilvania.
Moody’s Sees Romania’s Economy Growing 3.3% In 2019 And 3.5% In 2020
International rating agency Moody’s forecasts, in its latest report, an economic growth of 3.3% in 2019 and of 3.5% in 2020, respectively, for Romania, below the potential rate estimated at...
EC Raises Romania 2019 Economic Growth Forecast To 4% From 3.3%
The European Commission said Wednesday it has revised upwards its economic growth projection for Romania in 2019, in its summer economic forecast, to 4%, from 3.3% predicted in its spring fo...
Isarescu: Ensuring Economic Growth Under Conditions of Fiscal Consolidation, A Challenge In Upcoming Period
Ensuring economic growth under conditions of fiscal consolidation is a challenge in the coming period, considering that the consumption pedal no longer has too much room for maneuver, Romani...
World Bank: Fiscal Measures Risk Slowing Romanian Economy Further
Fiscal measures promoted at end-December 2018 risk slowing the Romanian economy further in 2019 and beyond, the World Bank said in its Spring 2019 economic update released Friday.
World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection.
IMF: Romania's Growth Accelerated on Fiscal Stimulus But Inflation Soars
Romania made important progress in addressing economic imbalances and restoring growth after the global financial crisis, but macroeconomic risks are rebuilding and inflation is reigniting,...