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Romania

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European Commission Lifts Romania's 2022 Economic Growth Forecast To 5.8% In 2022
Macroeconomics

European Commission Lifts Romania's 2022 Economic Growth Forecast To 5.8% In 2022

Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report re...

Ecaterina Craciun · 11.11.2022 · 19:10 · 1 min
Study: Romania Ranked Among World's Best Places To Retire
Social/Politics

Study: Romania Ranked Among World's Best Places To Retire

Global travel site Big 7 Travel and car comparison specialists EnjoyTravel have jointly conducted a study on the world's best places to retire and found Romania is a top choice.

Ecaterina Craciun · 10.11.2022 · 15:15 · 1 min
GfK: Romania Ranks 31st Among the 42 European Countries by Purchasing Power
Companies

GfK: Romania Ranks 31st Among the 42 European Countries by Purchasing Power

Romania comes 31st in a ranking of the 42 European countries in terms of purchasing power, with an average of EUR8,017/capita in 2022, representing 49% of the European average, reveals a GfK...

Roxana Dumitru Rosu - Mediafax · 10.11.2022 · 10:56 · 1 min
S&P Affirms Romania's Rating At BBB-/A-3 With Stable Outlook
Macroeconomics

S&P Affirms Romania's Rating At BBB-/A-3 With Stable Outlook

International rating agency S&P maintained Romania's rating at BBB-/A-3, with a stable outlook, due to an expected improvement of the country's fiscal imbalances over the next years and to u...

Ecaterina Craciun · 17.10.2022 · 12:19 · 3 min
IMF Ups Romania’s 2022 GDP Growth Forecast To 4.8%
Macroeconomics

IMF Ups Romania’s 2022 GDP Growth Forecast To 4.8%

The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fisca...

Ecaterina Craciun · 11.10.2022 · 21:24 · 2 min
Fitch Affirms Romania's BBB- Rating; Outlook Negative
Macroeconomics

Fitch Affirms Romania's BBB- Rating; Outlook Negative

International rating agency Fitch has affirmed the BBB- rating for Romania's long-term forex issuer Individual Default Rating and the negative outlook, thus keeping the country's Eurobonds j...

Ecaterina Craciun · 10.10.2022 · 15:03 · 1 min
Deloitte: Romania Places 4th Among Countries With Citizens Unaware Of Holding Subscriptions
Technology &Telecoms

Deloitte: Romania Places 4th Among Countries With Citizens Unaware Of Holding Subscriptions

For Romanian customers, not every regular payment is perceived as a subscription, as 47% of respondents said they did not have a subscription until they were given an example of it, placing...

Ecaterina Craciun · 07.10.2022 · 15:53 · 3 min
European Commission Warns Romania About Lack Of Long-Term Strategy On Energy And Climate
Energy

European Commission Warns Romania About Lack Of Long-Term Strategy On Energy And Climate

The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their long-term national strategies under Regulation (EU) 2018/1999...

Ecaterina Craciun · 30.09.2022 · 19:25 · 1 min
EBRD Revises Up Romania’s GDP Growth Forecast To 5.4% In 2022
Macroeconomics

EBRD Revises Up Romania’s GDP Growth Forecast To 5.4% In 2022

The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5...

Ecaterina Craciun · 28.09.2022 · 13:29 · 1 min