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GDP

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Macroeconomics

Analysts Expect GDP Growth Of 2.4%-3% For 2011

Most analysts estimate the economy slowed down in the fourth quarter of last year as a result of the significant deterioration of the industry growth rate amid a slowdown of western economie...

Radu Bostan · 15.02.2012 · 00:00 · 2 min
IMF Lowers Romania's 2012 Economic Growth Forecast To 1.5-2%
Macroeconomics

IMF Lowers Romania's 2012 Economic Growth Forecast To 1.5-2%

The International Monetary Fund has revised the forecast for Romania's economic growth this year downward slightly, from 1.8-2.3% to 1.5-2%, but does not rule out the GDP increasing by more...

Radu Bostan · 05.02.2012 · 14:18 · 1 min
IMF: Romania's Economic Growth Not Enough To Improve Living Standards
Macroeconomics

IMF: Romania's Economic Growth Not Enough To Improve Living Standards

Romania’s economy expanded by 2.5% in the last three months of 2011, the fourth consecutive quarterly growth, but the recovery is not enough to make a lasting imprint on the quality of life...

Florentina Dragu · 30.01.2012 · 14:56 · 1 min
Banks-Insurance

Private Pension Funds’ Assets Seen To Rise To 1.66% Of GDP By Yearend

The net assets of Romania’s private pension funds might rise to 1.66% of the gross domestic product by the end of the year, from 1.22% in September 2011, when they reached 6.2 billion lei (E...

Ioana Tudor · 23.01.2012 · 13:22 · 1 min
Romanians Didn't Feel The Economic Growth Last Year, But They Could See A Slowdown In 2012
Macroeconomics

Romanians Didn't Feel The Economic Growth Last Year, But They Could See A Slowdown In 2012

The Romanian economy returned to positive territory last year, after two years of recession, but the growth of the gross domestic product was not felt by the people, as signs of a consumptio...

Daniela Stoican · 20.01.2012 · 00:00 · 3 min
Romanian President Says Economy Grew 2.5% In 2011
Macroeconomics

Romanian President Says Economy Grew 2.5% In 2011

Romanian economy grew at an annualized rate of 2.5% in 2011, mostly fueled by higher exports and a good farming harvest, President Traian Basescu estimated Thursday.

Florentina Dragu · 19.01.2012 · 13:50 · 1 min
WB Cuts Romania Growth Outlook To 1.5% In 2012
Macroeconomics

WB Cuts Romania Growth Outlook To 1.5% In 2012

The World Bank has revised downward its forecast on Romanian economic growth to 1.5% in 2012 from 3.7% previously, citing deteriorating external outlook and the country’s increased vulnerabi...

Florentina Dragu · 18.01.2012 · 15:09 · 1 min
Macroeconomics

Difficult Year Ahead For Romanian Economy - Coface

Romania faces a difficult economic year in 2012, amid shrinking demand from foreign partners as the euro zone crisis shows no sign of abatement and potential bank deleveraging as European le...

Florentina Dragu · 18.01.2012 · 15:08 · 1 min
Gaps Between Romania And Western Europe May Become Growth Drivers
Social/Politics

Gaps Between Romania And Western Europe May Become Growth Drivers

Romania is at the bottom of the European Union rankings by gross domestic product, gross domestic product per capita or average wage. These are but the most obvious of the rankings, though....

Loredana Frățilă-Cristescu · 18.01.2012 · 00:00 · 6 min