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BCR's Spurny: Government Should Take Steps To Boost Growth At 5% Or Lose Voter Support
Macroeconomics

BCR's Spurny: Government Should Take Steps To Boost Growth At 5% Or Lose Voter Support

Romania has a low indebtedness level and a high potential for economic growth and any government that cannot create conditions for a growth rate of at least 5% a year should not benefit from...

Florentina Dragu · 18.11.2013 · 17:40 · 1 min
Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople
Macroeconomics

Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople.

Ecaterina Craciun · 15.11.2013 · 09:59 · 2 min
Eurostat: Romania 3Q GDP Expands At Fastest Pace In EU
Macroeconomics

Eurostat: Romania 3Q GDP Expands At Fastest Pace In EU

The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2013 compared with the previous three months, official data showed Thursday.

Florentina Dragu · 14.11.2013 · 12:46 · 1 min
Romania’s Economic Growth Accelerates To 4.1% In 3Q
Macroeconomics

Romania’s Economic Growth Accelerates To 4.1% In 3Q

Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute show...

Bogdan Neagu · 14.11.2013 · 10:00 · 1 min
EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014
Macroeconomics

EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014

The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth c...

Florentina Dragu · 11.11.2013 · 14:58 · 1 min
EC Sees Romania Economy Expanding 2.1% In 2014
Macroeconomics

EC Sees Romania Economy Expanding 2.1% In 2014

Romania’s economy is likely to expand 2.1% in 2014 and to accelerate to 2.4% in 2015, with growth drivers expected to switch from net exports to domestic demand, the European Commission said...

Florentina Dragu · 05.11.2013 · 12:55 · 1 min
IMF: Romania 2013 GDP Growth Forecast Revised Slightly Up
Macroeconomics

IMF: Romania 2013 GDP Growth Forecast Revised Slightly Up

The International Monetary Fund has revised slightly up its forecast on Romania’s economic growth to 2.2% in 2013, from 2% previously, citing a good harvest and better contribution from expo...

Florentina Dragu · 05.11.2013 · 11:31 · 1 min
Romania Economy Expected To Grow 2.2% In 2014
Macroeconomics

Romania Economy Expected To Grow 2.2% In 2014

Romania’s economy is expected to grow by 2.2% in 2014, slightly better than a 1.9% increase estimated for this year, Prime Minister Victor Ponta told reporters after a meeting with officials...

Florentina Dragu · 04.11.2013 · 19:55 · 1 min
Romania’s Budget Deficit Barely Kept Within The 3% Target In 2012
Macroeconomics

Romania’s Budget Deficit Barely Kept Within The 3% Target In 2012

Romania's 2012 budget deficit was barely kept within the target of 3% of the gross domestic product agreed upon the international financial partners, under the European System of Accounts (E...

Ecaterina Craciun · 23.10.2013 · 09:30 · 2 min