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GDP

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Public Sector Employees’ Salaries Revert To 9% Of GDP In 2018 As In 2008
Social/Politics

Public Sector Employees’ Salaries Revert To 9% Of GDP In 2018 As In 2008

The spending on public sector employees’ salaries will reach 8.9% of Romania’s GDP in 2018, up from the 8.3% of the GDP in 2017 and 7.5% in 2016, according to next year’s budget draft. Such...

Loredana Frățilă-Cristescu · 05.12.2017 · 10:57 · 1 min
Study: Romania Construction Sector Sees 5.7% Loss In January-July 2017 Despite 5.8% GDP Growth
Real Estate

Study: Romania Construction Sector Sees 5.7% Loss In January-July 2017 Despite 5.8% GDP Growth

Despite Romania’s economic growth of 5.8%, the local construction sector saw a 5.7% loss in January-July 2017; the performance over the last months saw an improvement and indices rose by 2.8...

Ecaterina Craciun · 06.11.2017 · 13:40 · 1 min
Romania, Among EU Countries With Government Deficit Equal To Or Higher Than 3% Of GDP, In 2016
Macroeconomics

Romania, Among EU Countries With Government Deficit Equal To Or Higher Than 3% Of GDP, In 2016

Romania (3.0%), France (3.4%) and Spain (4.5%) had a government deficit equal to or higher than 3% of GDP in 2016, and the lowest ratios of government debt to GDP were recorded in Estonia an...

Ecaterina Craciun · 23.10.2017 · 14:25 · 1 min
Romania’s GDP Could Reach EUR200B In 2018
Macroeconomics

Romania’s GDP Could Reach EUR200B In 2018

In 2018, when Romania celebrates 100 years since its Great Union, its gross domestic product could reach EUR200 billion, beating Greece’s or Czech Republic’s.

Loredana Frățilă-Cristescu · 19.09.2017 · 10:26 · 2 min
Romania Revises 2017 Economic Growth Forecast To 5.6% From 5.2%
Macroeconomics

Romania Revises 2017 Economic Growth Forecast To 5.6% From 5.2%

Romania's National Prognosis Commission on Friday revised the country’s economic growth forecast for 2017 up to 5.6%, from a previous estimate of 5.2% in its spring forecast.

Ecaterina Craciun · 15.09.2017 · 18:21 · 1 min
Coface: Romania Grows In Terms Of Company Evolution, But Remains Below Economy Potential
Companies

Coface: Romania Grows In Terms Of Company Evolution, But Remains Below Economy Potential

Romania is growing in terms of companies’ evolution, but remains below the potential of the country’s economy and below the GDP potential, despite seeing the highest GDP growth rate in the r...

Ecaterina Craciun · 07.09.2017 · 13:35 · 1 min
Eurostat: Romania, One Of Lowest GDP Shares Allotted To Expenditure On Health
Health

Eurostat: Romania, One Of Lowest GDP Shares Allotted To Expenditure On Health

Romania allocated one of the lowest shares of the gross domestic product (GDP) for health and had the lowest spending per inhabitant for health among European Union member states, of EUR340,...

Ecaterina Craciun · 25.08.2017 · 12:44 · 1 min
Romania Ranks Third In EU By GDP Share Allotted To Expenditure For Public Order And Safety
Social/Politics

Romania Ranks Third In EU By GDP Share Allotted To Expenditure For Public Order And Safety

Romania ranks third in the European Union by the share of the gross domestic product (GDP) allocated to expenditure for ‘public order and safety’, but places next to last regarding the amoun...

Ecaterina Craciun · 16.08.2017 · 14:46 · 1 min
KeysFin: Romania’s Economy Continues To Grow, But Inflation Raises Concerns
Macroeconomics

KeysFin: Romania’s Economy Continues To Grow, But Inflation Raises Concerns

Romania's economy will continue to grow at a moderate pace in the following six months, with a significant impact from consumer demand and positive agricultural results that will ensure an e...

Ecaterina Craciun · 11.07.2017 · 15:05 · 2 min