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GDP GROWTH

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Analysis

EC Revises Romania's 2017 GDP Growth Forecast to 5.7% from 4.3%

The European Commission has revised it's projections for Romania's economic growth to 5.7% this year from 4.3% previously, and to 4.4% in 2018 from 3.7% previously, according to its autumn e...

Oana Gavrila · 09.11.2017 · 13:43 · 1 min
Macroeconomics

Romania 2Q GDP Grows 1.7% in Real Terms Vs 1Q

Romania's gross domestic product grew 1.7% in real terms in the second quarter compared with the first quarter, a second reading by the country's statistics board showed Tuesday.

Oana Gavrila · 10.10.2017 · 09:26 · 1 min
Fitch: Romania's Robust Growth Is Not Risk Free
Macroeconomics

Fitch: Romania's Robust Growth Is Not Risk Free

Romania has posted another quarter of rapid economic growth, but pro-cyclical fiscal policy and rapid wage growth in 2017 have increased overheating risks, Fitch Ratings says.

Ecaterina Craciun · 24.08.2017 · 11:47 · 1 min
BT: Romania’s GDP Growth Rate Expected To Slow Down In Second Half Of 2017
Macroeconomics

BT: Romania’s GDP Growth Rate Expected To Slow Down In Second Half Of 2017

The evolution of Romania’s economy in the second quarter of 2017, corroborated with the acceleration of inflation and the deterioration of macroeconomic balances are factors pointing to a hi...

Ecaterina Craciun · 16.08.2017 · 15:32 · 1 min
Eurostat: Romania Posts Biggest GDP Growth In EU In 2Q/2017
Macroeconomics

Eurostat: Romania Posts Biggest GDP Growth In EU In 2Q/2017

Romania registered the biggest economic growth rate in the European Union, of 5.7%, in the second quarter of 2017, compared with the same period a year before, being followed by Latvia with...

Ecaterina Craciun · 16.08.2017 · 13:59 · 1 min
Romania GDP Grows 5.9% in 2Q/2017
Macroeconomics

Romania GDP Grows 5.9% in 2Q/2017

Romania's gross domestic product grew an annual 5.9% in the second quarter and 5.7% in seasonally adjusted terms, a flash estimate by the country's statistics board showed Wednesday.

Oana Gavrila · 16.08.2017 · 09:15 · 1 min
Fitch Sees Romania’s GDP Growth At 5.1% And Budget Deficit At 3.7% In 2017
Macroeconomics

Fitch Sees Romania’s GDP Growth At 5.1% And Budget Deficit At 3.7% In 2017

American rating agency Fitch forecasts, in its latest assessment of Romania’s sovereign debt, that Romania’s budget deficit will widen to 3.7% of GDP in 2017, above the government’s target o...

Ecaterina Craciun · 17.07.2017 · 16:26 · 1 min
Alpha Bank Romania Executive President: "We Want Economic Growth To Achieve Wellbeing”
Banks-Insurance

Alpha Bank Romania Executive President: "We Want Economic Growth To Achieve Wellbeing”

Romania can use all four "engines” of the economy - services, industry, constructions and agriculture, but it must focus on capital and human resources, Sergiu Oprescu, executive president o...

Ecaterina Craciun · 27.06.2017 · 12:58 · 1 min
ENGIE Romania CEO: Consumption-Based Economic Growth Is Good, But Not Sustainable
Macroeconomics

ENGIE Romania CEO: Consumption-Based Economic Growth Is Good, But Not Sustainable

Eric Stab, president of Foreign Investors Council (FIC) and Chief Executive Officer of ENGIE Romania, the largest natural gas supplier on the local market, on Tuesday said macroeconomic fund...

Ecaterina Craciun · 27.06.2017 · 12:18 · 1 min