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Romania Central Bank Revises Inflation Upwards in Short Run
Banks-Insurance

Romania Central Bank Revises Inflation Upwards in Short Run

Romania's central bank on Wednesday approved its February 2018 Inflation Report, revising its annual inflation forecast upwards in the short run, the bank said in a statement.

Oana Gavrila · 07.02.2018 · 16:17 · 1 min
Romania Revises 2018 Economic Growth Forecast To 6.1% From 5.5%
Macroeconomics

Romania Revises 2018 Economic Growth Forecast To 6.1% From 5.5%

Romania's National Prognosis Commission revised the country’s economic growth forecast for 2018 up to 6.1%, from a previous estimate of 5.5% in its fall forecast.

Loredana Frățilă-Cristescu · 06.02.2018 · 10:53 · 2 min
Nuclearelectrica Eyes RON366M Gross Profit And 18% Higher Revenue, Of RON2.1B In 2018
Companies

Nuclearelectrica Eyes RON366M Gross Profit And 18% Higher Revenue, Of RON2.1B In 2018

Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, targets a gross profit of RON366 million in 2018, fivefold higher than the le...

Ecaterina Craciun · 31.01.2018 · 16:51 · 1 min
Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months
Macroeconomics

Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months

The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) fell to 41 points in December 2017, the lowest level since April 2013 and lower by...

Ecaterina Craciun · 26.01.2018 · 10:36 · 1 min
Garanti Bank Sees Romania’s GDP Growth Rate Slowing Down At 4% In 2018
Macroeconomics

Garanti Bank Sees Romania’s GDP Growth Rate Slowing Down At 4% In 2018

Garanti Bank expects Romania’s economic growth rate to slow down to 4% in 2018, from 6.5% in 2017, on the backdrop of a slower growth rate in industry and trade, correlated with a possible s...

Ecaterina Craciun · 15.01.2018 · 17:14 · 1 min
Macroeconomics

World Bank Sees Romanian Economy Growing 4.5% in 2018 After 6.4% Growth in 2017

The World Bank sees Romania's economy growing by 4.5% in 2018, 4.1% in 2019, and 3.5% in 2020, after an estimated growth of 6.4% in 2017, it said in its Global Economic Prospects report rele...

Oana Gavrila · 10.01.2018 · 14:32 · 1 min
Raiffeisen Bank Revises Up Romania’s 2017 GDP Growth Forecast To 6.8%
Macroeconomics

Raiffeisen Bank Revises Up Romania’s 2017 GDP Growth Forecast To 6.8%

Raiffeisen Bank has revised upward its forecast on Romania’s economic growth for 2017, to 6.8% from 5.7%, based on the evolution of the economy in the first nine months of the year when offi...

Ecaterina Craciun · 29.12.2017 · 15:01 · 1 min
Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months
Macroeconomics

Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months

The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) rose slightly in November, by 0.7 points, after five consecutive months of decline,...

Ecaterina Craciun · 27.12.2017 · 09:59 · 1 min
Blue Air Eyes 35% Higher Turnover, Of EUR400M, In 2017; Extends Partnership With Alitalia
Companies

Blue Air Eyes 35% Higher Turnover, Of EUR400M, In 2017; Extends Partnership With Alitalia

Low-cost airline Blue Air expects a turnover of EUR400 million in 2017 and to carry approximately five million passengers, which translates into an increase of over 35% for both indicators c...

Ecaterina Craciun · 13.12.2017 · 14:44 · 1 min