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Number Of People Becoming Unemployed Down To New All-Time Low
Fewer than 550,000 Romanians became unemployed in 2017, and the number of is half of what it was in 2007-2008, Labor Ministry data show.
Nine Years Since Bucharest Stock Exchange Low
February 25 marks the ninth anniversary of the Bucharest Stock Exchange lows, nine years during which its main index, BET has gone up 340% from 1,887 points to 8,280 points. In comparison, D...
Romanian Leu Hits Five-Year Low, Of 4.5872 Vs Euro, Amid Political Tension
The Romanian leu depreciated against the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5872 units, the lowest level since July 2012, amid pol...
ING Study: Low Labor Costs In Romania Lure Investors
Romania and Bulgaria are countries in Central and Eastern Europe which offer attractive labor costs for investors, while Poland excels in education, according to a study by financial group I...
Number Of New Foreign-Held Companies At Ten-Year Low
Foreign investors established fewer than 6,100 companies in the past year (August 2014 – August 2015), the lowest number in a decade, according to Trade Registry data.
Government Investments At Ten-Year Low
The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while c...
Romania’s Forex Market At Five-Year Low In 2014
The forex market in Bucharest ended last year with EUR363 billion traded volume, 6% lower than in 2013, due to the dwindling appetite of foreign investors for leu-denominated assets. The for...