GDP CONTRACTION
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Macroeconomics
Romania GDP Annual Contraction Confirmed at 6% in 3Q
Romania's gross domestic product fell 6% on the year in real terms in the third quarter, a breakdown reading from the country's statistics board showed Tuesday.
Macroeconomics
Private Consumption, Industry Drive Romania's 2Q GDP Decline
Romania's gross domestic product contracted 10.5% on the year in the second quarter and 12.3% compared with the first quarter, breakdown data from the country's statistics board showed Tuesd...
Macroeconomics
Alexandru Reff, Deloitte: Romania’s Economic Contraction May Be Deeper Than International Institutions’ Forecasts
International institutions’ latest forecasts regarding the evolution of the Romanian economy may prove optimistic, considering that more robust economies, such as Italy’s and Germany’s, are...