GDP
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Government Expects Making VAT Due On Invoice Payment To Boost GDP By 0.5%
Romania's Government estimates that making VAT due on invoice payment starting January 1, 2013 will increase the GDP by about 0.5%, as well as improve employment and the public's income.
IMF Cuts Romania GDP Growth Forecast To 0.9% In 2012
The International Monetary Fund has revised down its forecast on the Romanian economy to 0.9% in 2012 from 1.5% previously, IMF mission chief Erik de Vrijer said Tuesday.
Romania 2Q GDP +0.5% On Quarter, +1.2% On Year
Romania’s gross domestic product expanded 0.5% in the second quarter, after a decline of 0.2% in the previous three months, a flash estimate of the country’s statistics institute showed Tues...
Romania Cuts GDP Growth Forecast To 1.2% In 2012
Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax.
IMF To Maintain Romania 2012 GDP Growth Forecast Above 1% - Sources
The International Monetary Fund will not lower its forecast on the Romanian economic growth below 1% for 2012, in spite of a weak harvest predicted for this year and the difficult climate el...
Isarescu: Economy Might Grow Slower Than Expected, Data Call For Revised Outlook
Romania’s economy might grow at a slower pace than expected in 2012, central bank governor Mugur Isarescu said Thursday, adding that the indicators available so far would call for a revised...
Last Decade’s Economic Growth Doesn’t Show In Medals
Although Romania’s gross domestic product rose five times from 2000 through 2008, the number of medals Romanian athletes got dropped three times, and this year’s estimates for the London Oly...
EBRD Cuts Romania GDP Growth Forecast, Says Political Crisis May Take Toll
The European Bank for Reconstruction and Development Wednesday revised downward its forecast on Romania’s economic growth to 0.8% in 2012, from 1.2% previously, citing increased vulnerabilit...
FinMin: Economy ‘Probably’ Out Of Recession In 2Q
The Romanian economy has “probably” emerged from technical recession in the second quarter, Finance Minister Florin Georgescu said Monday, without going into details.