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Romania Revises 2015 Economic Growth Forecast to 3.4% from 3.3%
Macroeconomics

Romania Revises 2015 Economic Growth Forecast to 3.4% from 3.3%

Romania's National Prognosis Commission has revised this year economic growth forecast up to 3.4% from a previous forecast of 3.3% and next year's GDP growth to 4.1% from 3.4%, the commissio...

Oana Gavrila · 18.09.2015 · 14:00 · 1 min
Drought Causes Economic Growth Forecasts Revision
Macroeconomics

Drought Causes Economic Growth Forecasts Revision

The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards.

Loredana Frățilă-Cristescu · 09.09.2015 · 09:47 · 1 min
Romania Economic Growth Slows Down In Second Quarter
Macroeconomics

Romania Economic Growth Slows Down In Second Quarter

Romania’s economic growth slowed down in the second quarter, with a first reading of the gross domestic product data coming much lower than analyst expectations.

Bogdan Neagu · 14.08.2015 · 10:00 · 1 min
World Bank Lifts Romania's 2015 Growth Forecast To 3%
Macroeconomics

World Bank Lifts Romania's 2015 Growth Forecast To 3%

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday.

Bogdan Neagu · 11.06.2015 · 15:35 · 1 min
Economy Ministry Official: Romania’s Economy Saw Fastest Growth Rate In Years In First Quarter
Macroeconomics

Economy Ministry Official: Romania’s Economy Saw Fastest Growth Rate In Years In First Quarter

Romania’s economy grew 4% in the first quarter, which is the fastest growth rate over the last years, Maricel Popa, state secretary at the Ministry of Economy, Commerce and Tourism, said Wed...

Ecaterina Craciun · 27.05.2015 · 13:21 · 1 min
Macroeconomics

IMF Sees Romania’s GDP Growth At 2.7% In 2015

Romania’s gross domestic product will grow 2.7% in 2015, according to the latest World Economic Outlook report issued Tuesday by the International Monetary Fund, which sees the local economy...

Bogdan Neagu · 14.04.2015 · 16:47 · 1 min
McCann Erickson Romania: Companies Still Shy Of Investing In Communication
Companies

McCann Erickson Romania: Companies Still Shy Of Investing In Communication

Romania’s media and advertising market is likely to witness a 2%-3% increase this year amid the good performance of the local economy, but economic growth is not strong enough to give compan...

Catalina Apostoiu · 26.02.2015 · 00:00 · 1 min
Lax Policies Won't Boost Economic Growth - Central Bank Official
Macroeconomics

Lax Policies Won't Boost Economic Growth - Central Bank Official

Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centurie...

Oana Gavrila · 24.02.2015 · 12:59 · 2 min
Capital Economics: Romania’s Economy Seen Growing 3% In 2015
Macroeconomics

Capital Economics: Romania’s Economy Seen Growing 3% In 2015

Romania’s economy is expected to grow 3% this year and 3.3% in 2016, driven by strengthening domestic demand, but below the long-term growth potential of 4% estimated by the analysts of Brit...

Ecaterina Craciun · 17.02.2015 · 15:32 · 1 min