ECONOMY
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EBRD Ups Romania GDP Growth Forecast To 1.2% In 2012
The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.2% in 2012, from 0.8% previously, but warned the slowdown in the eur...
Unicredit Head: We Have To Decide Whether To Join Euro In 2015 Or Start The De-Euroization Of Economy
The target for adopting the euro in 2015 acts as an anchor for macroeconomic balances, but it needs to be reconfirmed because at present it doesn’t seem very achievable, with the alternative...
Romanian Labor Market Returns To Pre-VAT Hike Levels After Two Years
The number of employees in the Romanian economy reached 4.25 million people in March, marking a return to the level registered in June 2010, before the government raised the value added tax...
Romania’s Economy Weathers The Snow In First Quarter
Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared with the fourth quarter of 2011.
Romania’s Economy Back Into Recession. GDP Shrinks In The First Quarter
Romania’s economy shrank in the first three months of 2012 compared with the previous quarter, a flash estimate from the country’s statistics institute INS said Tuesday.
Ponta: The 1.5% Economic Growth Not Sufficient, Romania Must Find Other Markets Than The EU
Prime Minister Victor Ponta is still hopeful that the official economic growth rate of 1.5% in 2012 will prove realistic and believes an optimal GDP growth rate in order for Romania to at le...
Over 60% Of Romanians Believe Country's Economic Situation Is Very Poor – Study
More than 60% of Romanians believe the country's economic situation is very poor and four out of ten think it will get worse in the next six months, according to a study by ISRA Center.
Government Reduces GDP Growth Targets, Anticipates Drastic Widening Of Trade Gap
Romania's Government has adjusted the GDP growth forecast for the next few years downward by one point and also expects the trade deficit to increase considerably in 2012, but it sees the Ro...
Emil Pop, Rehau: In 2012 We Are Waiting To See Where The Romanian Economy Is Going
Emil Pop, general manager of Rehau Polymer, the local subsidiary of German group Rehau, thinks 2012 will not come with major surprises for the Romanian economy, but expects the direction tha...