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IMF Sees Romania’s Budget Deficit At 3.7% Of GDP In 2017
The International Monetary Fund (IMF) mission chief for Romania, Reza Baqir, on Friday said Romania’s budget deficit is expected to reach 3.7% of the gross domestic product in 2017, and 3.9%...
Coldwell Banker: Some 45,000 Apartments Expected To Be Sold In Bucharest In 2017
The number of apartments to be sold in capital Bucharest in 2017 is expected to reach some 45,000 units, which translates into an increase of 10% at most compared with 2016, said Gabriel Voi...
Raiffeisen Bank Sees Romania’s GDP Growth At 4.2%, Budget Deficit At 3.6% In 2017
Romania’s economy is expected to grow 4.2% in 2017, inflation is seen at 0.9%, while the budget deficit is forecast at 3.6%, according to Raiffeisen Bank analysts.
BT Chief Economist: Romania’s Construction Sector To See Annual Average Rise Of 4.4% In 2017-2019
Romania’s construction sector is expected to see an annual average increase of 4.4% between 2017 and 2019, amid perspectives of continuing the post-crisis economic cycle, eliminating the spe...
Rodbun Targets EUR100M Turnover Until 2020, Counting On Annual Increases Of 10%
Agribusiness group of firms Rodbun, held by Romanian entrepreneurs Daniel Muntean and Alexandru Iancu, reached a turnover of EUR72 million in 2016 and 500 employees.
EC Sees Romania’s GDP Growth At 4.4% In 2017
The European Commission expects Romania’s economy to grow 4.4% in 2017, according to the EU executive’s winter forecast, while the Romanian government drafted the 2017 state budget on an eco...
PMR: Retail Markets In Romania And Bulgaria Expected To See Fastest Growth Rates In Coming Years
Food retail markets in Romania and Bulgaria are expected to see the highest growth rates in the region, in coming years, analysts of market research firm PMR said in a report.
Romanian Central Bank Revises 2017 Inflation Forecast to 1.7%
Romania's central bank has revised its inflation forecast to 1.7% for this year, from a previous projection of 2.1%, the bank's quarterly inflation report showed Thursday.
U.S. Azur Eyes 10% Higher Turnover At Its Paint And Lacquer Plant In Western Romania
Timisoara-based paint and lacquer maker Azur, a subsidiary of ICC Industries INC New York, targets a turnover of over RON149 million (nearly EUR33 million) in 2017, up 10% from a year ago, a...