Macroeconomics
Romania Posts Budget Gap Of 1.23% In Jan-April 2022 Vs 1.75% In Year-Ago Period
Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level reported in the year-ago period, in line with fi...
IMF Mission To Visit Romania On May 30 - June 10
An International Monetary Fund (IMF) team headed by Jan Kees Martijn, the IMF mission chief for Romania, will visit Bucharest between May 30 and June 10 to undertake the periodic review of R...
EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years
Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried...
Romania Private Lending Grows 15.8% YoY To RON339B In April 2022
Private lending in Romania grew by 15.8% in nominal terms (1.8% in real terms) to RON339 billion in April 2022 compared to April 2021, as local currency lending increased by 19.6% (5.1% in r...
EC: Romania, France, The Netherlands, Portugal, Germany, Spain, Sweden Still Affected By Macroeconomic Imbalances
The European Commission has concluded that seven countries – Romania, Germany, Spain, France, the Netherlands, Portugal and Sweden – continue to have excessive imbalances, according to its s...
Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will...
Romania's GDP Grows 6.5% In 1Q/2022 Vs 1Q/2021
Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter of 2021, the country’s statistics board IN...
European Commission Cuts Romania's 2022 Economic Growth Forecast To 2.6% Versus 4.2%
Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on...
Romania Current Account Deficit Widens To EUR4.6B YoY In Jan-March 2022
Romania's current account balance posted a deficit of EUR4.6 billion in January-March 2022, higher by 70% than EUR2.7 billion reported in the same period in 2021, central bank data showed on...