ECONOMIC GROWTH
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Romania GDP Rises 3.8% YoY In First Quarter
Romania’s gross domestic product rose 3.8% in the first quarter compared with the same period of 2013, a flash estimate from the country’s statistics institute INS showed Thursday.
Ponta Says Preliminary Data Show 3.2% Economic Growth In 1Q
Preliminary figures show Romania posted an economic growth of 3.2% in the first quarter, Prime minister Victor Ponta said Monday evening in a televised interview.
Labor Market, Unable To Pick Up After 5 Years Of Crisis
The higher-than-expected economic growth registered last year did not translate into a labor market revival: salary hikes were insignificant, the number of employees in the economy added jus...
World Bank VP: Romania Needs 5%- 6% GDP Growth To Converge With EU Living Standards
Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural re...
Romania’s Paradox: Exceptional Macroeconomic Indicators, Low Demand - Budget Minister
Romania’s new paradox is that despite the exceptional evolution of macroeconomic indicators, the low demand still is a big issue for the economy, triggering a growth beyond its potential, Mi...
Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up
The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue.
Romania Should Double Economic Growth To Catch Up With EU, Central Bank Governor Says
Romania should strive to double economic growth to narrow the gap with the other European Union countries, but any potential measures in the area must not upset the 2% balance achieved for t...
Romania’s Economic Growth Accelerates To 4.1% In 3Q
Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute show...
EIB, EBRD And IFC Injected Over EUR1 Billion In Romania’s Economy To Offset Deleveraging
Banks, companies in the industrial sector and local authorities in Romania have borrowed over EUR1 billion in the past year from the three major international financial institutions – the Wo...