Romania
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IMF Revises Upwards Romania’s GDP Growth Forecast To 4.8% In 2022
The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer.
Analysis: Foreign Tourists Spent A Total RON168.8M In July-August In Romania
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of paym...
Romania Ranks 34th Globally By Digital Quality Of Life
Romania places 34th in the world by overall digital wellbeing, according to Surfshark’s Digital Quality of Life Index 2022. The country's ranking has not changed since last year’s edition.
Photon Energy Starts Construction Of Its Seventh Solar Power Plant In Romania
Dutch renewable energy group Photon Energy has started the construction of its seventh solar photovoltaic (PV) power plant in Romania, which will have a generation capacity of 7.1 MWp.
Romania Becomes Second Largest Bicycle Producer In The EU
Romania placed second among European Union countries that produced the most bicycles in 2021, according to data released by EU’s statistical office Eurostat.
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%.
Romania-Germany Trade up to EUR18.4B in H1
The volume of trade between Germany and Romania continues its upward trend in the first half of 2022, reaching EUR18.4 billion, 12.3% above the year-ago period, the latest figures from the F...
Eurostat: Romania Posts Second Lowest Annual Inflation Rate In The EU In July 2022
Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU),...
Banca Transilvania Sees Romania’s Economy Growing 3.8% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9%...