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GDP

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Romania Ranks Last In EU By Private Lending Share Of GDP, 51%
Banks-Insurance

Romania Ranks Last In EU By Private Lending Share Of GDP, 51%

Romania ranks at the bottom of the European Union by share of loans granted by banks to consumers and companies in the GDP, considering the funding to the private sector stood at merely 51%...

Loredana Frățilă-Cristescu · 23.11.2018 · 00:00 · 1 min
Romania's GDP Grows 4.1% on Year in 2Q
Macroeconomics

Romania's GDP Grows 4.1% on Year in 2Q

Romania's gross domestic product grew 4.1% (4.2% in real terms) in the second quarter compared with the second quarter of 2017, a flash reading from the country's statistics board showed Tue...

Oana Gavrila · 14.08.2018 · 09:11 · 1 min
Bogdan Putinica, Enea Services Romania: IT Industry May Generate 10% Of GDP In A Few Years
Technology &Telecoms

Bogdan Putinica, Enea Services Romania: IT Industry May Generate 10% Of GDP In A Few Years

The IT&C sector, which has become the star of the Romanian economy in recent years, has the potential to grow to 10% of the GDP in the next few years, as exports of IT services have been ste...

Loredana Frățilă-Cristescu · 08.08.2018 · 09:28 · 1 min
Eurostat: Romania Ranks Fourth Among EU States With Lowest Government Debt-To-GDP Ratio In 1Q/2018
Macroeconomics

Eurostat: Romania Ranks Fourth Among EU States With Lowest Government Debt-To-GDP Ratio In 1Q/2018

Romania’s government debt reached 34.4% of the gross domestic product in the first quarter of 2018, the fourth lowest level in the European Union, Eurostat, the statistical office of the Eur...

Ecaterina Craciun · 20.07.2018 · 17:08 · 1 min
Romania Prognosis Commission Cuts 2018 GDP Growth Forecast To 5.5% From 6.1%
Macroeconomics

Romania Prognosis Commission Cuts 2018 GDP Growth Forecast To 5.5% From 6.1%

Romania’s prognosis commission, or CNP, has revised downward, in its 2018 intermediate summer prognosis, its economic growth forecast to 5.5% in 2018, from 6.1% previously.

Ecaterina Craciun · 19.07.2018 · 20:05 · 1 min
More Than 200,000 Romanians Earn Over EUR1,000 In Net Amount Per Month
Companies

More Than 200,000 Romanians Earn Over EUR1,000 In Net Amount Per Month

More than 113,000 employees earning over EUR1,000 in net amount per month work in Bucharest, accounting for almost half of the number of people who earn that amount per month, April 2018 Lab...

Loredana Frățilă-Cristescu · 01.06.2018 · 10:09 · 1 min
Romania Posts GDP Growth Of 4% On Year In 1Q/2018
Macroeconomics

Romania Posts GDP Growth Of 4% On Year In 1Q/2018

Romania's gross domestic product grew 4% in the first quarter of 2018, compared with the same period a year ago, data from the country's statistics board showed Tuesday.

Ecaterina Craciun · 15.05.2018 · 10:34 · 1 min
Romania Contributes 1.2% To EU GDP In 2017; Germany, UK, France Generate 51%
Macroeconomics

Romania Contributes 1.2% To EU GDP In 2017; Germany, UK, France Generate 51%

In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to EUR15,300 billion at current prices and Romania’s contribution was 1.2%. Over half of EU’s GDP was generated...

Ecaterina Craciun · 11.05.2018 · 15:08 · 1 min
Isarescu: Net Inflows Of EU Funds Hit EUR30.4B In Last 10 Years, Or, An Average Of 1.8% Of GDP/Year
Social/Politics

Isarescu: Net Inflows Of EU Funds Hit EUR30.4B In Last 10 Years, Or, An Average Of 1.8% Of GDP/Year

Romania benefited from EU funds of nearly EUR45.7 billion between 2007 and 2017, which represents an average of 2.8% of the gross domestic product (GDP), annually, and, in terms of net value...

Ecaterina Craciun · 29.01.2018 · 21:13 · 1 min