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Statistics Institute Revises Down Romania's Second-Quarter GDP Growth To 1.1%
Macroeconomics

Statistics Institute Revises Down Romania's Second-Quarter GDP Growth To 1.1%

Romania’s economy grew at an annualized rate of 1.1% in the second quarter of 2012, slightly slower than previously estimated, revised data from the statistics institute INS showed Friday.

Neagu Bogdan Mircea · 05.10.2012 · 10:09 · 1 min
UniCredit: Exports Revival Could Prevent Recession In 2012
Capital Market

UniCredit: Exports Revival Could Prevent Recession In 2012

Romania could prevent recession in the second half of 2012 and meet the budget deficit target of 2.2% of the gross domestic product GDP only through a boost of foreign demand, considering th...

Manuela Panescu · 02.10.2012 · 18:41 · 2 min
Coface: Romania Economy To Grow 1% In 2012
Macroeconomics

Coface: Romania Economy To Grow 1% In 2012

Romania's economy is expected to grow a modest 1% in 2012, after expanding by 2.5% a year earlier, according to estimates of Coface ratings agency.

Florentina Dragu · 26.09.2012 · 13:13 · 1 min
Analysts: Prospects For 2013 Seem Favorable, Economy Should Return To Spotlight
Macroeconomics

Analysts: Prospects For 2013 Seem Favorable, Economy Should Return To Spotlight

Romania’s economic prospects for 2013 appear favorable considering that the economy of the eurozone is expected to return to growth, analysts say.

Tudor Ioana Raluca · 12.09.2012 · 00:00 · 3 min
EU Survey: Romania Economic Sentiment Dips In August For Fourth Straight Month
Macroeconomics

EU Survey: Romania Economic Sentiment Dips In August For Fourth Straight Month

Romania’s economic sentiment index fell 2.1 points to 94 in August, due to investor pessimism in most sectors except industry, a European Commission monthly survey showed Thursday.

Ioana Tudor · 30.08.2012 · 14:27 · 1 min
Romania 2Q GDP +0.5% On Quarter, +1.2% On Year
Macroeconomics

Romania 2Q GDP +0.5% On Quarter, +1.2% On Year

Romania’s gross domestic product expanded 0.5% in the second quarter, after a decline of 0.2% in the previous three months, a flash estimate of the country’s statistics institute showed Tues...

Neagu Bogdan Mircea · 14.08.2012 · 10:00 · 1 min
Finance Ministry Tries To Persuade IMF To Accept Measures To Stimulate Growth
Macroeconomics

Finance Ministry Tries To Persuade IMF To Accept Measures To Stimulate Growth

The end of the week is expected to bring heated discussions between the Ponta government and the International Monetary Fund (IMF), as authorities make a last attempt to persuade foreign exp...

Radu Bostan · 09.08.2012 · 00:00 · 3 min
Worst Case Scenario: 10 Things That Will Affect Romania’ Economy
Macroeconomics

Worst Case Scenario: 10 Things That Will Affect Romania’ Economy

The irresponsibility of the entire political class leads to economic decline and weakens the country’s ability to withstand external pressures.

Oana Gavrila · 06.08.2012 · 00:00 · 2 min
Social/Politics

Basescu Warns Aug 31 Verdict On Referendum Might Come Too Late

Romania’s suspended President Traian Basescu said Romania’s economy is in a race against time until August 31, when the Constitutional Court is expected to reach a verdict on his impeachment...

Oana Gavrila · 05.08.2012 · 20:49 · 1 min