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(P) The REPowerEU Plan: European Commission’s Communication for a Joint European Action for more affordable, secure and sustainable energy and what it means for Romania
Macroeconomics

(P) The REPowerEU Plan: European Commission’s Communication for a Joint European Action for more affordable, secure and sustainable energy and what it means for Romania

March 2022 – The European Commission published, on 8 March 2022, its REPowerEU Communication addressed to the European Parliament, the European Council, the Council, the European Economic an...

Robert Manea · 16.03.2022 · 08:00 · 12 min
Romania Average Net Salary Drops 4.7% In Jan 2022 Vs Dec 2021
Macroeconomics

Romania Average Net Salary Drops 4.7% In Jan 2022 Vs Dec 2021

The average monthly net salary in Romania decreased by 4.7% in nominal terms in January 2022 compared with December 2021, to 3,698 lei (EUR748), data from the country's statistics board show...

Ecaterina Craciun · 15.03.2022 · 12:11 · 1 min
Romania Trade Deficit Spikes To EUR2.1B In January 2022
Macroeconomics

Romania Trade Deficit Spikes To EUR2.1B In January 2022

Romania's trade balance posted a deficit of EUR2.12 billion in January 2022, higher by EUR944.9 million compared with January 2021, data from the country's statistics board INS showed Monday...

Ecaterina Craciun · 14.03.2022 · 11:45 · 1 min
Romania’s Annual Inflation Rate Surges To 8.53% In February 2022
Macroeconomics

Romania’s Annual Inflation Rate Surges To 8.53% In February 2022

Romania's annual inflation rate climbed to 8.53% in February 2022 compared to February 2021, data from the country's statistics board showed Monday.

Ecaterina Craciun · 14.03.2022 · 11:28 · 1 min
Eurostat: GDP Up By 0.3% In The Euro Area, Up By 0.4% In The EU In 4Q/2021
Macroeconomics

Eurostat: GDP Up By 0.3% In The Euro Area, Up By 0.4% In The EU In 4Q/2021

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published b...

Ecaterina Craciun · 10.03.2022 · 18:31 · 1 min
Net Investments In Romania Grow 2.1% YoY To RON120.148B In 2021
Macroeconomics

Net Investments In Romania Grow 2.1% YoY To RON120.148B In 2021

Net investments in the Romanian economy grew 2.1% in 2021 compared with 2020, to RON120.148 billion, data from the country's statistics board showed Thursday.

Ecaterina Craciun · 10.03.2022 · 12:46 · 1 min
Concordia: From 4.2% Economic Growth Projection To Possible Recession
Macroeconomics

Concordia: From 4.2% Economic Growth Projection To Possible Recession

The economic forecast for Romania in 2022 initially was for 4.2% growth, but amid the Ukrainian war a recession can be expected, or, in a more fortunate scenario, a much lower economic growt...

Răzvan Botea · 10.03.2022 · 10:40 · 1 min
Romania's GDP Grows 5.9% YoY In 2021
Macroeconomics

Romania's GDP Grows 5.9% YoY In 2021

Romania's gross domestic product (GDP) grew 5.9% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said on Tuesday (March 8).

Ecaterina Craciun · 08.03.2022 · 12:05 · 1 min
Romania Raises RON456M Via Two Bond Issues
Macroeconomics

Romania Raises RON456M Via Two Bond Issues

Romania's finance ministry on Thursday (March 3) raised nearly RON456 million (EUR92.1 million), below the planned target of RON900, selling bonds and treasury bills and maturing in 2030 and...

Ecaterina Craciun · 03.03.2022 · 17:23 · 1 min