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GDP

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OTP Bank Sees Romania’s Economy Growing By 4% In 2022
Banks-Insurance

OTP Bank Sees Romania’s Economy Growing By 4% In 2022

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.

Ecaterina Craciun · 24.06.2022 · 20:39 · 1 min
Erste Revises Romania’s 2022 GDP Growth Forecast Up To 5.1%
Macroeconomics

Erste Revises Romania’s 2022 GDP Growth Forecast Up To 5.1%

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of...

Ecaterina Craciun · 09.06.2022 · 16:10 · 1 min
Romania Posts Budget Gap Of 1.23% In Jan-April 2022 Vs 1.75% In Year-Ago Period
Macroeconomics

Romania Posts Budget Gap Of 1.23% In Jan-April 2022 Vs 1.75% In Year-Ago Period

Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level reported in the year-ago period, in line with fi...

Ecaterina Craciun · 25.05.2022 · 20:56 · 1 min
EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years
Macroeconomics

EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried...

Ecaterina Craciun · 24.05.2022 · 20:00 · 1 min
Romania's GDP Grows 6.5% In 1Q/2022 Vs 1Q/2021
Macroeconomics

Romania's GDP Grows 6.5% In 1Q/2022 Vs 1Q/2021

Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter of 2021, the country’s statistics board IN...

Ecaterina Craciun · 17.05.2022 · 11:07 · 1 min
Romania’s Public Debt Grows By RON20.2B To RON595.8B In Jan-Feb 2022
Macroeconomics

Romania’s Public Debt Grows By RON20.2B To RON595.8B In Jan-Feb 2022

Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8 billion (EUR120.6 billion), in line with finance...

Ecaterina Craciun · 11.04.2022 · 13:04 · 1 min
Romania's GDP Grows 2.4% In 4Q/2021 Vs 4Q/2020
Macroeconomics

Romania's GDP Grows 2.4% In 4Q/2021 Vs 4Q/2020

Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter o...

Ecaterina Craciun · 08.04.2022 · 13:06 · 1 min
Eurostat: GDP Up By 0.3% In The Euro Area, Up By 0.4% In The EU In 4Q/2021
Macroeconomics

Eurostat: GDP Up By 0.3% In The Euro Area, Up By 0.4% In The EU In 4Q/2021

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published b...

Ecaterina Craciun · 10.03.2022 · 18:31 · 1 min
Romania's GDP Grows 5.9% YoY In 2021
Macroeconomics

Romania's GDP Grows 5.9% YoY In 2021

Romania's gross domestic product (GDP) grew 5.9% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said on Tuesday (March 8).

Ecaterina Craciun · 08.03.2022 · 12:05 · 1 min