GDP
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Viscount Davignon: Foreigners More Confident In Romania’s Development Than Romanians
Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday.
Romania Economy Grew As Expected In 1H
Romania’s gross domestic product grew 1.8% in the first half of 2013 compared with the year-earlier period, in line with previous estimations, official data showed Monday.
Romania Will Get To 2008 GDP Level Only In 2014
Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the...
Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis
Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion).
Romania’s Public Debt Doubles In Five Years To Over EUR50B
Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56...
Fiscal Council: Tax Evasion In Romania At RON81B In 2012, Or 14% Of GDP
Tax evasion in Romania climbed about 3 basis points since the beginning of the crisis to 14% of the gross domestic product in 2012, from 11.2% of the GDP in 2008, according to a report by th...
Romania Economy Grew Faster Than Initially Thought In Second Quarter
The Romanian economy grew at a 1.5% annual rate in the second quarter, faster than initially estimated, revised data from the statistics institute INS showed Wednesday.
Romania Economic Growth Slows To 1.3% In Second Quarter
Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed W...
BNR Sees 2013 GDP Growth Above 2%
Romanian economy will likely expand by more than 2% in 2013, from a growth of 0.7% a year earlier, largely supported by exports, industry and a good harvest, central bank governor Mugur Isar...