GDP
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Romania’s Economy In Recession After 1% Decline In Second Quarter
The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday.
Romania Economy Grew Slightly Faster Than First Thought In 1Q
The Romanian economy expanded at a slightly faster pace than previously estimated in the first quarter, largely driven by higher exports and improved contribution from value added tax collec...
World Bank Ups Romania Growth Outlook To 2.8% In 2014
The World Bank has revised upward its forecast on Romanian economic growth to 2.8% in 2014 and 3.2% in 2015, the bank said in its latest global economic prospects report.
Broadband, Worth EUR3.5B Of Romania’s GDP, Might Reach EUR8B In 2018
Broadband, which currently contributes by approximately EUR3.5 million to the local economy, might reach EUR6 billion by 2018, considering the current broadband adoption rate, and EUR8 billi...
Romania 1Q GDP Growth Fueled By Industry, Retail
Romanian economy grew 3.8% in the first quarter from the year-ago period, in line with previous estimations, largely fueled by industry and growing activity in the retail and IT&C sectors, t...
Olteanu, BNR: 1Q Economic Growth Not Enough To Catch Up With EU
Romania’s first quarter economic growth of 3.8%, though a “good step forward”, is not enough to catch up with the European economies, central bank’s deputy governor Bogdan Olteanu said Thurs...
Eurostat: Romania 1Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the first quarter of 2014 compared with the year-ago period, official data showed Thursday.
Romania GDP Rises 3.8% YoY In First Quarter
Romania’s gross domestic product rose 3.8% in the first quarter compared with the same period of 2013, a flash estimate from the country’s statistics institute INS showed Thursday.
EBRD Ups Romania GDP Growth Forecast To 2.6% In 2014
The European Bank for Reconstruction and Development Wednesday revised slightly up its forecast on Romania’s economic growth to 2.6% in 2014, from 2.4% previously, but warned of growth const...