GDP
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Romanian Budget Minister Sees 3.5% Economic Growth In 1Q
Romania’s economy has likely expanded 3.5% in the first quarter, fueled by industry and domestic consumption, minister delegate for Budget Liviu Voinea said Wednesday.
Voinea: Romania Economy Growing Faster Than Expected
Romania’s minister delegate for Budget Liviu Voinea said Monday that the economy is growing faster than initially estimated and encouraged companies and households to speed up the consumptio...
EU Ups Romania GDP Growth Forecast To 2.5% In 2014
The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consum...
Erste: Romania GDP To Exceed 2008 Level This Year
Romania’s economy will likely exceed its 2008 level for the first time this year, fueled by domestic demand and strong industrial output, according to estimates from Austrian lender Erste Gr...
Good Macroeconomic News Makes Analysts Revise GDP Growth Forecasts
The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%.
Romania Economy Expanded Faster In 4Q/2013
Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retai...
Construction Sector Generates A Mere 8% Of Romania’s GDP
The construction sector, a EUR8 billion to EUR9 billion business a year, which should have helped Romania’s economy grow during the crisis, contributed a mere 7.9% to the gross domestic prod...
Romania Ranks 154th Worldwide By Tourism Contribution To GDP
Romania ranks 154th in the world by the total contribution of travel and tourism to the GDP in 2013, with a 5.1% share, out of 184 countries, according to a report of the World Travel&Touris...
Romanian Postal Service Share In GDP, Below EU Average
Overall in the European Union, postal services registered a turnover of about EUR90 billion or about 1% of Community Gross Domestic Product in 2012, compared with 0.26% in Romania, according...