GDP
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ING: Pre-Election Spending To Mitigate Romanian GDP Drop In 1H
Romania might be able to fend off some of the external pressure following the economic downturn in the euro zone in the first half of 2012, aided by pre-election spending, but the boost will...
Agriculture Contributed EUR19B To 2011 GDP, 2012 Doesn’t Look Nearly As Good
The agricultural sector contributed almost EUR19 billion to the Romanian gross domestic product in 2011, according to the estimates of Raiffeisen Bank’s research unit based on preliminary da...
Economy Grew Slightly Less Than Thought In 3Q
Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data from t...
Raiffeisen Cuts Romania GDP Growth Forecast To 0.5% In 2012
Austrian financial group Raiffeisen Thursday revised downward its forecast on Romanian economic growth to 0.5% in 2012, from 1.8% previously, due to international financial turmoil and a pro...
Barclays: Romania’s GDP Growth In 3Q Was The Biggest Positive Surprise
Romania was the biggest positive surprise in the region given the 4.4% economic growth it recorded in the third quarter, note analysts of Barclays Capital, the investment division of one of...
Optimism Is Returning: Analysts Revise 2011 GDP Growth Up Towards 2.5%
Most analysts have revised or are preparing to revise upwards their forecasts for economic growth for this year by around one percent point, towards 2.5%, after above-expectations data were...
Prognosis Commission: Economy To Grow 1.8%-2.3% In 2012
Romanian economy is likely to grow by 1.8%-2.3% in 2012, mostly fueled by agricultural output and constructions, according to estimates of the National Prognosis Commission.
Raiffeisen Ups Romania GDP Growth Forecast To 2.5% In 2011
Austrian financial group Raiffeisen Tuesday revised upward its forecast on Romanian economic growth to 2.5% in 2011, from 1.5% previously, citing better-than-expected third quarter data.
Romania 3Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2011 compared with the previous three months, official data showed Tuesday.