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WORLD BANK

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World Bank: Romania Activates EUR400M Financial Support To Combat Human, Economic Impacts Of Coronavirus Pandemic
Banks-Insurance

World Bank: Romania Activates EUR400M Financial Support To Combat Human, Economic Impacts Of Coronavirus Pandemic

The World Bank has announced Friday that the Romanian Government activated EUR400 million of pre-arranged financial support to help prevent and respond to the COVID–19 (Coronavirus) pandemic...

Ecaterina Craciun · 03.04.2020 · 11:38 · 1 min
World Bank Raises Romania's GDP Growth Forecast to 4.2% in 2019
Analysis

World Bank Raises Romania's GDP Growth Forecast to 4.2% in 2019

The World Bank has raised its economic growth projection for Romania to 4.2% in 2019, from its April forecast of 3.6%, and to 3.6% for 2020, from a previous forecast of 3.3%, according to it...

Oana Gavrila · 09.10.2019 · 17:48 · 3 min
World Bank: Fiscal Measures Risk Slowing Romanian Economy Further
Macroeconomics

World Bank: Fiscal Measures Risk Slowing Romanian Economy Further

Fiscal measures promoted at end-December 2018 risk slowing the Romanian economy further in 2019 and beyond, the World Bank said in its Spring 2019 economic update released Friday.

Oana Gavrila · 05.04.2019 · 12:46 · 1 min
World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
Macroeconomics

World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020

The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection.

Oana Gavrila · 09.01.2019 · 12:28 · 1 min
WB Report: Romania Ranks 67th Among 157 Countries By Human Development Potential
Social/Politics

WB Report: Romania Ranks 67th Among 157 Countries By Human Development Potential

Romania places 67th among 157 countries regarding the human development potential, in a ranking compiled by the World Bank.

Ecaterina Craciun · 11.10.2018 · 16:34 · 1 min
WB: 55% Of Romania’s Housing Units Built Before 1970, 35% Need Urgent Repairs
Real Estate

WB: 55% Of Romania’s Housing Units Built Before 1970, 35% Need Urgent Repairs

55% of Romania’s housing units were built before 1970 and 35% of the country’s 8.5 million housing units need urgent repairs, as per a survey presented Wednesday by Ashna Mathema, Senior Urb...

Ecaterina Craciun · 12.09.2018 · 20:32 · 1 min
World Bank Lends EUR50M To Romania to Improve Disaster Response
Banks-Insurance

World Bank Lends EUR50M To Romania to Improve Disaster Response

The World Bank’s Board of Executive Directors on Wednesday approved a EUR50 million for the Romania Strengthening Disaster Risk Management Project, the institutions said in a press release.

Oana Gavrila · 25.07.2018 · 12:44 · 1 min
Banks-Insurance

World Bank Approves EUR400M Disaster Risk Management Loan to Romania

The World Bank’s Board of Executive Directors on Wednesday approved a EUR400 million Disaster Risk Management Development Policy Loan for Romania to support the country's efforts to effectiv...

Oana Gavrila · 27.06.2018 · 12:12 · 1 min
World Bank Approves New Country Partnership Framework for Romania
Banks-Insurance

World Bank Approves New Country Partnership Framework for Romania

The World Bank Group’s Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant p...

Oana Gavrila · 20.06.2018 · 10:47 · 2 min