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GDP GROWTH

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OTP Bank Sees Romania’s GDP Growth Below 2% In 2022
Macroeconomics

OTP Bank Sees Romania’s GDP Growth Below 2% In 2022

OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erod...

Ecaterina Craciun · 11.04.2022 · 13:30 · 1 min
Banca Transilvania Sees Romania’s Economy Growing 3.5% In 2022
Macroeconomics

Banca Transilvania Sees Romania’s Economy Growing 3.5% In 2022

Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product...

Ecaterina Craciun · 17.03.2022 · 13:55 · 1 min
OECD: Romania’s GDP Growth Projected To Grow By 4.5% In 2022 And 2023
Macroeconomics

OECD: Romania’s GDP Growth Projected To Grow By 4.5% In 2022 And 2023

A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and i...

Ecaterina Craciun · 28.01.2022 · 13:39 · 3 min
World Bank Cuts Romania’s GDP Growth Forecast To 4.3% In 2022
Macroeconomics

World Bank Cuts Romania’s GDP Growth Forecast To 4.3% In 2022

Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects r...

Ecaterina Craciun · 12.01.2022 · 18:35 · 1 min
Romania's GDP Grows 0.4% In 3Q/2021 Vs 2Q/2021
Macroeconomics

Romania's GDP Grows 0.4% In 3Q/2021 Vs 2Q/2021

Romania's gross domestic product (GDP) grew 0.4% in real terms (in unadjusted data) in the third quarter of 2021 as compared to the second quarter of 2021, the country’s statistics board INS...

Ecaterina Craciun · 12.01.2022 · 12:04 · 1 min
Banca Transilvania Sees Romania’s Economy Growing 5.2% In 2022
Macroeconomics

Banca Transilvania Sees Romania’s Economy Growing 5.2% In 2022

Lender Banca Transilvania has revised Romania’s economic growth forecast to 6.2% in 2021, 5.2% in 2022 and 4.9% in 2023, respectively, in line with updated macroeconomic forecasts.

Ecaterina Craciun · 28.12.2021 · 17:25 · 1 min
Statistics Board Reconfirms Romania’s 7.1% GDP Growth For January-September 2021
Macroeconomics

Statistics Board Reconfirms Romania’s 7.1% GDP Growth For January-September 2021

Romania’s statistics board INS on Tuesday (Dec 7) reconfirmed the country’s economic growth at 7.1% in real terms (in unadjusted data) for the first nine months of 2021, which was mainly bac...

Ecaterina Craciun · 07.12.2021 · 11:45 · 1 min
Eurostat: Romania Posts Highest GDP Growth In The EU YoY In 3Q/2021
Macroeconomics

Eurostat: Romania Posts Highest GDP Growth In The EU YoY In 3Q/2021

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average...

Ecaterina Craciun · 17.11.2021 · 18:12 · 1 min
Romania's GDP Grows 7.2% In 3Q/2021 Vs 3Q/2020
Macroeconomics

Romania's GDP Grows 7.2% In 3Q/2021 Vs 3Q/2020

Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjuste...

Ecaterina Craciun · 16.11.2021 · 11:59 · 1 min