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GDP

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Macroeconomic Outlook Prompts Banks In Romania To Adjust Strategy
Banks-Insurance

Macroeconomic Outlook Prompts Banks In Romania To Adjust Strategy

After almost a decade of very strong GDP growth, Romania is preparing itself for a steep slowdown, said Dimitrios Goranitis, Banking and Capital Markets leader, Deloitte Central Europe.

Ecaterina Craciun · 28.11.2022 · 15:45 · 5 min
Romania’s Economy Grows 1.3% In Q3/2022 Vs Q2
Macroeconomics

Romania’s Economy Grows 1.3% In Q3/2022 Vs Q2

Romania's gross domestic product (GDP) grew by 1.3% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, a flash estimate from the count...

Ecaterina Craciun · 15.11.2022 · 12:56 · 1 min
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Macroeconomics

Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings

Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative...

Ecaterina Craciun · 06.10.2022 · 15:32 · 4 min
Romania Budget Gap Shrinks To 2.4% Of GDP In January-August 2022
Macroeconomics

Romania Budget Gap Shrinks To 2.4% Of GDP In January-August 2022

Romania’s general consolidated budget posted RON32.98 billion deficit in the first eight months of 2022, lower than the RON39.36 billion level reported in the year-ago period, in line with f...

Ecaterina Craciun · 27.09.2022 · 13:11 · 2 min
Erste Group Revises Romania’s 2022 GDP Growth Forecast Up To 6%
Macroeconomics

Erste Group Revises Romania’s 2022 GDP Growth Forecast Up To 6%

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised upwards its forecast on Romania’s economic growth to 6% in 2022, from a previous projection of 5.1%.

Ecaterina Craciun · 09.09.2022 · 22:15 · 1 min
Romania's GDP Grows 2.1% In 2Q/2022 Vs 1Q/2022
Macroeconomics

Romania's GDP Grows 2.1% In 2Q/2022 Vs 1Q/2022

Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board...

Ecaterina Craciun · 17.08.2022 · 11:44 · 1 min
Romania's GDP Grows 5.1% In 1Q/2022 Vs 4Q/2021
Macroeconomics

Romania's GDP Grows 5.1% In 1Q/2022 Vs 4Q/2021

Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board...

Ecaterina Craciun · 08.07.2022 · 12:15 · 1 min
Survey: Banking Sector’s Contribution To Economy In Last 30 Years Is Twice Romania’s 2020 GDP
Banks-Insurance

Survey: Banking Sector’s Contribution To Economy In Last 30 Years Is Twice Romania’s 2020 GDP

The economic impact of the Romanian banking sector is estimated at RON2,247 billion in the period 1990-2020, according to the survey ″The contribution of the banking sector to the economy in...

Ecaterina Craciun · 07.07.2022 · 20:05 · 2 min
Romania Budget Gap Shrinks To 1.57% Of GDP In Jan-May 2022
Macroeconomics

Romania Budget Gap Shrinks To 1.57% Of GDP In Jan-May 2022

Romania’s general consolidated budget posted RON20.90 billion deficit in the first five months of 2022, lower than the RON26.18 billion level reported in the year-ago period, in line with fi...

Ecaterina Craciun · 27.06.2022 · 11:06 · 2 min