ECONOMIC GROWTH
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Romania’s GDP Expected To Grow 4.2% In 2016 And 4.3% In 2017
Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence p...
Erste: Romania Could Be The Fastest-Growing Economy In CEE In 2016
Romania could see the highest economic growth in Central and Eastern Europe (CEE) due to fiscal relaxation measures and prospects of monetary policy tightening, Erste Group analysts said in...
Romania, Among Top Spots In EU Both By Economic Growth, Poverty - Filote
Romania is on top spots among EU states by economic growth, as well as by poverty level, which shows that the growth model is not beneficial to the citizens and cannot be encouraged by the E...
Central Bank Official Warns Consumption Will Widen Current Account Deficit
Romania's central bank chief economist Valentin Lazea warned Wednesday that stimulating consumption will widen the country's current account deficit, after the country managed to adjust it b...
Retail Sales Still Have 1.6% To Go To Match 2008 Level
Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculati...
World Bank Revises Romania 2016 Economic Growth Forecast to 3.9% from 3.2%
The World Bank has revised its forecast for Romania's economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Mo...
Fiscal Council: Romania’s Economic Growth May Peak In 2016, Likely To Slow Down Toward 3.5% In 2017
Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption...
Minister: Romania Boasts About Economic Growth Without Development
Romania "boasts in statistics" about economic growth without development, which eats up resources and makes believe it is a positive dynamic, but, in fact, it is useless, Vasile Dancu, Minis...
Romania 2Q GDP Growth Revised Slightly Up to 3.4% on Year
Romania's gross domestic product grew 3.4% on the year in the second quarter, a slight revision from the statistics institute's previous reading of 3.3%, the institute said Wednesday.