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Social/Politics

Health Ministry Official: Healthcare Financing Might Reach 6% Of GDP In Four Years

Health Ministry state secretary Alexandru Rafila said Monday, in a press conference, that Romania will probably reach the target of 6% of the GDP for healthcare in the next four years.

Radu Bostan · 09.07.2012 · 18:26 · 1 min
IMF: Political Pressures In Romania Will Be Strong Over Coming Months
Macroeconomics

IMF: Political Pressures In Romania Will Be Strong Over Coming Months

The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment...

Neagu Bogdan Mircea · 04.07.2012 · 11:46 · 2 min
Romania 1Q GDP Declined As Expected
Macroeconomics

Romania 1Q GDP Declined As Expected

Romania's economy shrank 0.1% in the first quarter compared with a quarter earlier, in line with previous estimations, but a slightly more vigorous domestic demand than initially reported an...

Florentina Dragu · 04.07.2012 · 10:53 · 1 min
UniCredit Cuts Romania GDP Growth Forecast To 0.5% In 2012
Macroeconomics

UniCredit Cuts Romania GDP Growth Forecast To 0.5% In 2012

Italy’s UniCredit Tuesday revised down its forecast on Romanian economic growth to 0.5% in 2012 from 1.2% previously, saying it expects foreign demand to weaken further due to the worsening...

Florentina Dragu · 26.06.2012 · 18:18 · 2 min
Romania's GDP Per Capita At 49% Of EU Average In 2011
Macroeconomics

Romania's GDP Per Capita At 49% Of EU Average In 2011

The gross domestic product per capita in Romania was equal to 49% of the EU average in 2011, three percentage points higher than in 2010, while in other Eastern European states this indicato...

Radu Bostan · 20.06.2012 · 14:08 · 1 min
Romania’s Economic Growth Potential May Be Affected By Human Capital Erosion – PM Adviser
Banks-Insurance

Romania’s Economic Growth Potential May Be Affected By Human Capital Erosion – PM Adviser

Turning domestic reserves to good account, accessing EU funds and attracting foreign resources will increase Romania’s economic growth potential to 4%-4.5%, while the deterioration of human...

Ioana Tudor · 14.06.2012 · 13:39 · 1 min
Romania 1Q GDP Growth Held Back By Falling Investment, Constructions
Macroeconomics

Romania 1Q GDP Growth Held Back By Falling Investment, Constructions

Declining activity in public administration and defense sectors, alongside fewer investments in administrative services and constructions held back Romania’s economic growth in the first qua...

Neagu Bogdan Mircea · 06.06.2012 · 10:00 · 1 min
Romania Cuts 2013 GDP Growth Forecast To 3.1% Vs 4.5%
Macroeconomics

Romania Cuts 2013 GDP Growth Forecast To 3.1% Vs 4.5%

A sluggish economic recovery and falling exports have prompted Romanian officials to revise downward the 2013 growth forecast to 3.1%, from 4.5% initially, according to a government document...

Florentina Dragu · 31.05.2012 · 17:41 · 1 min
Romania's Public Debt Nears 40% Of GDP
Macroeconomics

Romania's Public Debt Nears 40% Of GDP

Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt...

Radu Bostan · 22.05.2012 · 00:00 · 4 min