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GDP

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Analysis

What Romania Must Learn From The Sovereign Debt Crisis: Keep Public Debt Under Control

From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, whic...

Daniela Stoican · 31.10.2011 · 00:00 · 2 min
Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast
Macroeconomics

Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast

The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit...

Radu Bostan · 22.10.2011 · 20:10 · 2 min
Almunia: Romania GDP Growth Forecast Looking Good
Macroeconomics

Almunia: Romania GDP Growth Forecast Looking Good

Romanian economy has gone through a period of relative stabilization in 2011 and the prospects for next year seem favorable, but the authorities should ensure the predicted growth materializ...

Florentina Dragu · 21.10.2011 · 14:14 · 1 min
BRD Cuts Romanian GDP Growth Forecast To 2.1% In 2012
Macroeconomics

BRD Cuts Romanian GDP Growth Forecast To 2.1% In 2012

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Thursday revised downward its forecast on the economic growth to 2.1% in 2012, from 2.8% previously, citing declining contributions from...

Florentina Dragu · 20.10.2011 · 16:22 · 1 min
EBRD: Lower 2012 GDP Growth Forecast Not Limited To Romania
Macroeconomics

EBRD: Lower 2012 GDP Growth Forecast Not Limited To Romania

Romania isn’t the only European country which saw its growth forecast reduced for 2012, as many economies will be affected by the worsening situation in the euro area, said Claudia Pendred,...

Florentina Dragu · 19.10.2011 · 14:51 · 1 min
Good Industrial Output In August Set To Lift 3Q GDP Growth
Macroeconomics

Good Industrial Output In August Set To Lift 3Q GDP Growth

Industrial output, one of the leading indicators in the economy, continued to increase in August, at a faster rate than in June and July, which is good news at a time of prevailing pessimism...

Claudia Medrega · 10.10.2011 · 00:00 · 2 min
Isarescu: Romania To Revise 2012 GDP Forecast On Exports Slowdown
Macroeconomics

Isarescu: Romania To Revise 2012 GDP Forecast On Exports Slowdown

Romania is set to revise its economic growth forecast for 2012, as exports are expected to advance at a slower pace than in 2011, central bank governor Mugur Isarescu said Tuesday.

Florentina Dragu · 04.10.2011 · 16:22 · 1 min
Romania Needs Additional Budget Cuts With Lower GDP Growth Forecast
Macroeconomics

Romania Needs Additional Budget Cuts With Lower GDP Growth Forecast

Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and...

Claudia Medrega · 03.10.2011 · 01:12 · 4 min
IMF To Halve Romania’s 2012 GDP Growth Forecast On European Worries
Macroeconomics

IMF To Halve Romania’s 2012 GDP Growth Forecast On European Worries

The International Monetary Fund is likely to revise down its growth forecast on Romanian economy to around 2% in 2012, from 3.5% presently, due to deteriorating conditions in European market...

Florentina Dragu · 30.09.2011 · 12:29 · 1 min