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Romania

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IMF Delegation Set to Visit Bucharest in November 5-8 Period
Macroeconomics

IMF Delegation Set to Visit Bucharest in November 5-8 Period

A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings...

Cristina Bellu · 28.10.2024 · 11:35 · 1 min
Eurostat: Romania Had The 3rd Largest Government Deficit In The EU In 2023
Macroeconomics

Eurostat: Romania Had The 3rd Largest Government Deficit In The EU In 2023

Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%), according to data published by EU's Statistical O...

Ecaterina Craciun · 22.10.2024 · 16:46 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.8%, In September 2024
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.8%, In September 2024

Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thu...

Ecaterina Craciun · 17.10.2024 · 15:41 · 1 min
IKEA Sales In Romania Up 12% In FY 2024 To RON1.4B
Companies

IKEA Sales In Romania Up 12% In FY 2024 To RON1.4B

IKEA Romania has announced its sales results for the fiscal year 2024 (September 1, 2023, to August 31, 2024), highlighting growth in both online and offline sales.

Ecaterina Craciun · 16.10.2024 · 14:54 · 2 min
UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024
Banks-Insurance

UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024

Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024 point to EUR200 million disbursements or 0...

Loredana Frățilă-Cristescu · 15.10.2024 · 21:29 · 1 min
ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
Macroeconomics

ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of...

Loredana Frățilă-Cristescu · 15.10.2024 · 15:10 · 1 min
ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value
Retail&Consumer

ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value

Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according to the 2024 European Ecommerce Report comm...

Ecaterina Craciun · 11.10.2024 · 18:58 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU For 6th Consecutive Month
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU For 6th Consecutive Month

Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in A...

Ecaterina Craciun · 18.09.2024 · 17:05 · 2 min
Fitch Ratings Sees Romania's Budget Deficit Reaching 7% Of GDP In 2024, The Highest In The European Union
Macroeconomics

Fitch Ratings Sees Romania's Budget Deficit Reaching 7% Of GDP In 2024, The Highest In The European Union

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said...

Ecaterina Craciun · 18.09.2024 · 16:00 · 1 min