ECONOMY
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Romania 1H Net Investment -6.3% On Year To RON22.7B
Romanian net investments fell 6.3% to 22.7 billion lei (EUR5.4 billion) in the first half from the year-earlier period, due to falling activity in most sectors, the country’s statistics inst...
Lending Picks Up: EUR3B In New Loans In Four Months
After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money.
Analysts, Still Cautious: Lending Could Suffer Again
A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs.
Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q
Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF.
Romanian Farmers To Cash In EUR4B From Wheat, Corn, Rapeseed And Sunflower Harvests
Crops of wheat, corn, rapeseed and sunflower, four of the most important agricultural products in Romania, are worth EUR4.1 billion this year, EUR1 billion more than last year, according to...
Officials Warn: Any Excess In The Fiscal Or Monetary Policy Could Compromise Fragile Balance
After several days of downtime, shying away from publicly sketching scenarios meant to counter the new crisis' prospective contagion effects on the economy, political and government decision...
Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...
Good Signs From Economy In First Half
The first part of the year came with a visible improvement in the activity of the various sectors of the economy and encouraging statistical data after more than two years of crisis.
EBRD Raises Romania GDP Forecast To +1.9% In 2011
The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.9% in 2011, from 1.8% previously, citing improved economic prospects...