ECONOMY
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CFA Romania: Confidence In Romanian Economy Hits All-Time High In May
CFA Romania's macroeconomic confidence index reached an all time high of 77.1 in May, 6.4 points higher than in April, driven by the current conditions index (64.5) and the expectations inde...
Romania 1Q Net Investment Up 8.5% To RON11.9B
Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistic...
Romania’s Economy Grows Faster Than Forecast
The Romanian economy is growing faster than the estimates at the beginning of the year, prompting an upward revision of the 2015 figures and of those for the coming years.
Romania To Hit Economic Boom In 2018-2019, Analyst Says
Romania is in the first stage of a new economic cycle since 2014 and statistics show the country is on a path of solid and sustainable growth, financial analyst Ionel Blanculescu said Wednes...
Big 4 Leaders’ Recommendations To Romania Businesses For 2015
Companies should focus on brand strengthening, digitalization, proper cash management, cost control and improved performances given the volatile international context that could impact Roman...
GfK: 2014, The Best Year For Romanians’ Confidence In Economy Since Start Of Crisis
The year 2014 was the best since the start of the economic crisis as regards Romanians’ confidence in the economic and financial perspectives, income was stable and fewer people said their f...
Romania’s 500 Biggest Exporters Employ Just 8% Of Local Workforce
The 500 biggest exporters in the Romanian economy, handling around 75% of total exports worth EUR50 billion in 2014, have just 350,000 employees, namely 8% of total employees in the economy,...
Analysts’ Confidence In Romanian Economy Rebounds In November After Five Months Of Pessimism
The mainly good news brought by the main macroeconomic indices in the second half of 2014 and the easing political tensions rebuilt analysts’ optimism after several months of plummeting conf...
Romania Meets Maastricht Criteria, But Euro Adoption Shouldn’t Be Hurried
Romania has reached a macroeconomic equilibrium and it meets all the five Maastricht criteria, but the country cannot join the euro-zone in two years, central bank governor Mugur Isarescu sa...