ECONOMY
233 articole · RSS
Coface Ups Romania GDP Growth Forecast To 2.3% In 2014
Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment.
Romania Economy Expanded Faster In 4Q/2013
Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retai...
NATO Accession In 2004 Put Romania On Investors’ Radar
Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its sec...
Romania Net Investment Down 9% To RON67.8B In 2013
Romanian net investment fell 9.3% on the year to 67.86 billion lei (EUR15 billion) in 2013, on declining activity in most sectors, the country’s statistics institute INS said Wednesday.
Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...
Coface Sees Romania GDP Growth At 2.1% In 2014
Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Cofa...
Government Removes Over EUR600M From Economy Through New Taxes On Fuel And On Companies’ Assets
Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption.
Romania Economic Sentiment Slumps in October
Investor sentiment regarding the outlook of the Romanian economy worsened in October, dropping by 2.6 points, the biggest decline across the European Union, amid a negative outlook on servic...
Moody’s: Romania Economic Growth Likely To Remain Subdued In Coming Year
Economic recovery in Romania will likely remain subdued in the next year due to the country’s significant exposure to European markets, according to Moody’s Ratings, which sees the local gro...