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IMF Asks Romania To Keep Budget Deficit Below 1% Of GDP In 2015
The International Monetary Fund and the European Commission asked the Romanian government to bring next year the budget deficit to 0.9% of the gross domestic product, but the local authoriti...
Romania Retail Trade Posts Fourth Highest Growth In EU In October
Romania registered the fourth highest annual growth in retail trade in the European Union in October, of 5.8%, overtaken by Luxembourg, Estonia and Slovakia, Eurostat data showed Wednesday.
Romania Posts Biggest Retail Sales Decline In EU In August
Romanian retail sales fell 0.6% in August compared to July, the biggest decline in the EU along Slovakia, official data showed Friday.
Federation: EU Reluctant To Back Romanian Agriculture As Its Growth May Cause Problems
The European Union does not want to support the Romanian agricultural sector because if it reached its full potential, it would cause social problems in other member states, Viorel Matei, he...
Eurobarometer: Romanians Believe National Economy Is Bad, Optimistic About Future Of EU
A large majority of Romanians (87%) judge the country’s economic situation as bad and tend not to trust the Government (74%) or Parliament (80%), but are optimistic about the future of the E...
Romanians Spend At Least EUR100M On Medical Care Abroad
Romanian patients spend at least EUR100 million of their own budget to get treatment abroad, according to ZF estimates.
Energy Minister To Propose EC Support For Vulnerable Consumers
Romania's minister-delegate for energy Razvan Nicolescu stated, after a meeting with European Commissioner for Energy Gunther Oettinger, that he will propose the European Commission to defin...
Agriculture Ministry To Draw EUR2.9B EU Funds In 2014
Romanian Agriculture Minister Daniel Constantin stated Monday that the ministry will draw EU funds worth EUR2.9 billion in 2014, adding that agriculture flourished and has great potential in...
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...