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EC Maintains Romania's 2019 GDP Growth Projection at 3.8%
Macroeconomics

EC Maintains Romania's 2019 GDP Growth Projection at 3.8%

The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast.

Oana Gavrila · 07.02.2019 · 13:37 · 1 min
Prognosis Commission Keeps Romania’s GDP Growth Forecast At 5.5% In 2019
Macroeconomics

Prognosis Commission Keeps Romania’s GDP Growth Forecast At 5.5% In 2019

Romania’s economy is expected to grow by 5.5% in 2019, to RON1,022.5 billion, as per the latest forecast released by the national commission for prognosis and statistics on Wednesday, the sa...

Ecaterina Craciun · 30.01.2019 · 17:44 · 1 min
PwC: 38% Of Romanian Executives See Global Economic Growth Declining In Next 12 Months
Companies

PwC: 38% Of Romanian Executives See Global Economic Growth Declining In Next 12 Months

Nearly 30% of business leaders believe the global economic growth will decline in the next 12 months, approximately six times the level of 5% last year – a record jump in pessimism, accordin...

Ecaterina Craciun · 22.01.2019 · 12:28 · 2 min
CFA Romania Analysts See Leu Falling To 4.716 Units Vs Euro In Next Six Months
Macroeconomics

CFA Romania Analysts See Leu Falling To 4.716 Units Vs Euro In Next Six Months

The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to 4.716 units per euro in the next six months and to 4.7883 units against the eur...

Ecaterina Craciun · 22.01.2019 · 11:47 · 1 min
World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
Macroeconomics

World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020

The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection.

Oana Gavrila · 09.01.2019 · 12:28 · 1 min
Banca Transilvania Expects Major Decline Of GDP Growth To 2.8% In 2019 From 4% In 2018
Macroeconomics

Banca Transilvania Expects Major Decline Of GDP Growth To 2.8% In 2019 From 4% In 2018

The annual dynamic of the gross domestic product (GDP) is expected to decelerate from 7% in 2017 to 4% in 2018 and to 2.8% in 2019, respectively, an evolution triggered by a rebalancing of t...

Ecaterina Craciun · 04.01.2019 · 14:15 · 1 min
Finance Minister Teodorovici Sees 5.5% GDP Growth in 2019. Too Optimistic, Analysts Say
Macroeconomics

Finance Minister Teodorovici Sees 5.5% GDP Growth in 2019. Too Optimistic, Analysts Say

Finance Ministry is delaying publication of the 2019 budget bills, which should have already been debated by the Parliament. On Tuesday night, Finance Minister Eugen Teodorovici provided a f...

Loredana Frățilă-Cristescu · 13.12.2018 · 07:00 · 2 min
FAN Courier Headed Towards EUR145M Turnover In 2018
Companies

FAN Courier Headed Towards EUR145M Turnover In 2018

FAN Courier, the leading courier service company in Romania, expects a turnover of EUR145 million in 2018, up 15% year-on-year.

Ecaterina Craciun · 06.12.2018 · 15:33 · 1 min
Prognosis Commission Cuts Romania’s GDP Growth Forecast To 4.5% In 2018 From 5.5%
Macroeconomics

Prognosis Commission Cuts Romania’s GDP Growth Forecast To 4.5% In 2018 From 5.5%

The national commission for prognosis and strategy, or CNSP, has reduced its economic growth forecast for Romania to 4.5% in 2018, lower by 1 percentage point from a projection of 5.5% in Ju...

Ecaterina Craciun · 09.11.2018 · 20:47 · 1 min