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Macroeconomics

Romania's 2012 GDP Growth Forecast Might Be Revised To 2.5%, From 3.5-4%

Romania's estimate for economic growth in 2012 might have to be significantly revised downward, to 2.5% from the current 3.5-4%, given the international context and the weaker "traction" of...

Radu Bostan · 10.09.2011 · 14:06 · 1 min
The Good Farming Year Will Help Economy In 2H. Industry's Contribution Will Diminish
Macroeconomics

The Good Farming Year Will Help Economy In 2H. Industry's Contribution Will Diminish

Industry and agriculture were the drivers of GDP growth in the second quarter of the year, a trend anticipated by analysts, who believe the very good farming production will contribute to ac...

Claudia Medrega · 07.09.2011 · 00:00 · 1 min
Romania's 2Q GDP Growth Fueled By Industry, Agriculture
Macroeconomics

Romania's 2Q GDP Growth Fueled By Industry, Agriculture

Romanian second quarter gross domestic product grew by 0.2% in seasonally adjusted terms compared with the previous three months, largely supported by increases in industry and agriculture,...

Florentina Dragu · 06.09.2011 · 10:00 · 1 min
Good News From Consumption And Salaries In July
Macroeconomics

Good News From Consumption And Salaries In July

The third quarter had a good start, as July brought good news from retail, which went back into positive territory after two years and a half of almost uninterrupted declines, on salary hike...

Claudia Medrega · 06.09.2011 · 00:00 · 1 min
Romania, IMF To Discuss 2011 GDP Forecast End September
Macroeconomics

Romania, IMF To Discuss 2011 GDP Forecast End September

Romanian authorities will meet with officials of the International Monetary Fund and the EU at the end of September to discuss the country’s draft budget for 2012 and determine whether this...

Florentina Dragu · 01.09.2011 · 12:52 · 1 min
Boc: 2012 GDP Growth Depends On External Conditions
Macroeconomics

Boc: 2012 GDP Growth Depends On External Conditions

Romanian economy is likely to grow by around 3.5% in 2012, depending on the situation in international markets, particularly in the eurozone, Prime Minister Emil Boc said Wednesday.

Florentina Dragu · 31.08.2011 · 13:02 · 1 min
Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012
Macroeconomics

Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012

Austrian financial group Raiffeisen Tuesday revised downward its forecast on Romanian economic growth to 2.7% in 2012, from 3.5% previously, due to the negative effects of the faltering reco...

Florentina Dragu · 23.08.2011 · 16:29 · 1 min
JP Morgan Revises Romania’s Economic Growth Forecast Down To 1.2%
Macroeconomics

JP Morgan Revises Romania’s Economic Growth Forecast Down To 1.2%

JP Morgan has significantly cut Romania’s growth estimate for this year, expecting the gross domestic product to increase by just 1.2%, while the bank’s estimate at the beginning of the year...

Claudia Medrega · 22.08.2011 · 00:17 · 2 min
Social/Politics

Boc Wants Government Resources Directed Mainly To Quick Investments

Romanian Prime Minister Emil Boc asked the ministers to prioritize investment projects that can be implemented quickly and that have a multiplier effect, in order for the gross domestic prod...

Radu Bostan · 17.08.2011 · 19:56 · 1 min