Macroeconomics
Romania Private Lending Grows 16.5% YoY To RON345.2B In May 2022
Private lending in Romania grew by 16.5% in nominal terms (1.8% in real terms) to RON345.2 billion in May 2022 compared to May 2021, as local currency lending increased by 20% (4.8% in real...
Romania Budget Gap Shrinks To 1.57% Of GDP In Jan-May 2022
Romania’s general consolidated budget posted RON20.90 billion deficit in the first five months of 2022, lower than the RON26.18 billion level reported in the year-ago period, in line with fi...
OTP Bank Sees Romania’s Economy Growing By 4% In 2022
OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.
Coface Revises Downwards The Evaluation Of 19 Countries, Of Which 16 In Europe
Four months after the start of hostilities in Ukraine, first lessons can be drawn: the conflict, which is set to last, has already upset the global geo-economic balance.
Eurostat: Romania Had Lowest Consumer Prices In Europe In 2021
Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the...
Romania’s Current Account Deficit up EUR3.4B to EUR7.5B in Jan-April
Romania’s current account deficit increased by EUR3.4 billion to EUR7.5 billion in January-April, Romania’s central bank data published on Tuesday show.
Romania’s Total External Debt Down EUR66M to EUR134B in Jan-April
Romania’s total external debt shrank by EUR66 million to EUR134.5 billion in January-April, of which direct public debt accounted for EUR56.3 billion, EUR2.4 billion lower than on December 3...
IMF Urges Romanian Govt To Take Reform Measures And Boost Taxes
The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to rebuild the fiscal space below 3% of gross domes...
Net Investments In Romania Grow 1.2% YoY To RON24.416B In 1Q/2022
Net investments in the Romanian economy grew by 1.2% in the first quarter of 2022 compared with the same period in 2021, up to RON24.416 billion, data from the country's statistics board sho...