ECONOMY
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Decline In Consumer Loan Stock Is Bad For The Economy
Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania.
Decline Of Investments Weighs Down On Romania's Economy
Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat.
Profits Of Companies In Romania Fell By Over RON5B In 2012
The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector de...
Coface Sees Romania GDP Growth At 1%-1.5% In 2013
Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency.
Romanian Economy Grew As Expected In First Quarter
Romania’s real gross domestic product grew 2.2% in the first three months of 2013 compared with the year-earlier quarter, in line with previous estimations, official data showed Thursday.
Erste Sees 2.2% Growth In Romania On Strong Farm Output
A good farming output could boost economic growth to 2.2% in Romania this year, Austrian Austrian Erste Group Bank AG said in a report Wednesday.
Top 50 Largest Employers In Romania In 2012
The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on inform...
BNR: Export-Oriented Industries To Be Main Growth Drivers In 2013
Export-oriented sectors and the auto industry in particular will be main growth drivers in Romania this year, amid increasing demand in both EU and non-EU markets, central bank governor Mugu...
Romanian Economy Grew Faster At 2.2% In First Quarter
The Romanian economy grew faster than initially thought in the first three months of 2013, benefiting from recovering activity in most sectors, revised data showed Wednesday.