GDP
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2013 Might Be Better For Agriculture, Still Dependent On Weather Conditions
Agriculture, a sector that generates 6% of Romania’s’ gross domestic product (EUR10 billion to EUR11 billion) a year and made a significant contribution to the 2011 economic growth of 2.5%,...
Coface Expects Romania GDP Growth To Slow To 0.5% In 2012
Romanian economic growth will likely slow down to 0.5% or even stagnate in 2012, followed by a modest recovery in 2013, according to estimates of Coface rating agency.
IMF Sees Modest Growth In Romania In 2013
The International Monetary Fund estimates Romania will post only a modest economic growth in 2013, due to delays in EU fund absorption and implementation of structural reforms, IMF mission c...
EU Cuts Romania GDP Growth Forecast To 0.8% In 2012
The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertai...
Isarescu: Without EU Funds, Romania's GDP Growth May Slow Down Further
Romania’s economic growth could slow to a stop in 2013 unless steps are taken to speed up European fund absorption, central bank governor Mugur Isarescu said Wednesday.
BRD Cuts Romania GDP Growth Forecast To 1.1% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.1% in 2012, from 1.4% previously, citing prolonged uncertai...
Statistics Institute Revises Down Romania's Second-Quarter GDP Growth To 1.1%
Romania’s economy grew at an annualized rate of 1.1% in the second quarter of 2012, slightly slower than previously estimated, revised data from the statistics institute INS showed Friday.
Strong Service Sector, Constructions Fuel Second-Quarter Economic Growth
Romania’s second-quarter economic growth was backed by strong development in sectors such as professional, scientific and technical services, constructions, and information and communication...
BCR Cuts Romania GDP Growth Forecast To 0.7% In 2012
Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects a...