stagnation
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Banks-Insurance
Three-Month Money Market Rate Flat At 3.35%
The 3-month money market interest rate used to calculate interests for consumer loans in lei on Thursday stayed at Wednesday’s level of 3.35% a year, from 3.36% on Tuesday, central bank data...
Macroeconomics
Romania’s GDP Growth Flat In Q1 2018 Vs Q4 2017, Analysts Revise Forecasts
Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs a...
Retail&Consumer
Romania’s Beer Market Flat On Year In 2016, At 15.8 Mln Hectoliters
Beer volumes in Romania stayed at 15.8 million in 2016, a level reached in 2015 as well.
Energy
OMV Petrom Hydrocarbon Production Flat On Year In 1Q/2017
The total hydrocarbon production of Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, stagnated at 170,000 barrels of oil equivalent (boe) per day in the first quarter of 2017,...