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GDP GROWTH

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Macroeconomics

Isarescu: Unrestrained Deleveraging Could Hurt GDP Growth

The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday.

Bogdan Neagu · 21.10.2014 · 12:28 · 1 min
Industry, Agriculture Fueled Romania’s GDP Growth 3.5% In 2013
Macroeconomics

Industry, Agriculture Fueled Romania’s GDP Growth 3.5% In 2013

An 8% increase in industrial output and a bumper harvest helped Romania’s economy grow in 2013 at the faster pace in five years, surpassing every expectations.

Bogdan Neagu · 05.03.2014 · 10:00 · 1 min
World Bank Sees Romania GDP Growth At 2.5% In 2014
Macroeconomics

World Bank Sees Romania GDP Growth At 2.5% In 2014

The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released...

Bogdan Neagu · 15.01.2014 · 11:47 · 1 min
Romania 3Q GDP Growth Kept At 4.1% YoY, On Sound Farming, Industry Activity
Macroeconomics

Romania 3Q GDP Growth Kept At 4.1% YoY, On Sound Farming, Industry Activity

Romanian economy expanded 4.1% in the third quarter from the year-ago period, in line with previous estimations, supported by a strong farming output and solid activity in industry, the coun...

Bogdan Neagu · 10.01.2014 · 10:17 · 1 min
Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013
Macroeconomics

Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013

Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening.

Bogdan Neagu · 07.01.2014 · 10:59 · 1 min
Agriculture, Industry Fuel Romania's Economic Growth In 3Q
Macroeconomics

Agriculture, Industry Fuel Romania's Economic Growth In 3Q

Romanian economy expanded at a robust 4.1% in the third quarter from the year-ago period, in line with previous estimations, largely fueled by a bumper harvest and growing activity in indust...

Bogdan Neagu · 04.12.2013 · 10:01 · 1 min
World Bank Raises Romania's 2013 GDP Growth Forecast To 1.7% In 2013
Macroeconomics

World Bank Raises Romania's 2013 GDP Growth Forecast To 1.7% In 2013

The World Bank forecasts Romania’s gross domestic product will increase 1.7% in 2013, followed by a 2.2% growth next year, according to the bank’s Global Economic Prospects report published...

Bogdan Neagu · 13.06.2013 · 12:38 · 1 min
EBRD Cuts Romania’s GDP Growth Forecast To 0.5% In 2012
Macroeconomics

EBRD Cuts Romania’s GDP Growth Forecast To 0.5% In 2012

The European Bank for Reconstruction and Development revised downwards its forecast on Romania’s economic growth to 0.5% in 2012, citing the eurozone crisis, the lower farming output and the...

Neagu Bogdan Mircea · 26.10.2012 · 10:34 · 1 min
IMF Cuts Romania’s Economic Growth Forecast To 1.3%
Macroeconomics

IMF Cuts Romania’s Economic Growth Forecast To 1.3%

The International Monetary Fund (IMF), which currently has one of the most optimistic forecasts for Romania’s economic growth this year, 1.8% to 2.3%, is getting ready to lower its estimates...

Oana Gavrila · 30.01.2012 · 00:00 · 2 min