Macroeconomics
Prognosis Commission Keeps Romania’s GDP Growth Forecast At 7% In 2021
Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from...
Romania's GDP Grows 7.2% In 3Q/2021 Vs 3Q/2020
Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjuste...
AmCham: Possible Increases In Public Spending Are Unsustainable And Impossible To Cover From Budget Revenues
Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from...
Romania Current Account Gap Widens To EUR11.5B In Jan-Sept 2021
Romania's current account balance posted a deficit of EUR11.5 billion in January-September 2021, compared with a deficit of EUR7.8 billion in the same period in 2020, central bank data showe...
European Commission Cuts Romania's 2021 Economic Growth Forecast To 7% Versus 7.4%
Romania’s economy is expected to expand by 7% in 2021, slightly lower than the 7.4% growth rate projected in July, the European Commission said on Thursday (Nov 11) in its Autumn 2021 Econom...
Romania Central Bank Revises Up Its Annual Inflation Forecast To 7.5% In December 2021
Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the...
Romania Average Net Salary Inches Up 0.9% On Month In September 2021
The average net salary in Romania increased by 0.9% in nominal terms in September 2021 compared with August 2021, to 3,517 lei (EUR710.6), data from the country's statistics board showed Thu...
(P) Plot of land of 62,491 sqm for sale in Bucharest, Regiei area, ideal for development of a mixed-use project: offices, commercial, residential
CITR Ilfov SPRL, as judicial administrator of INTERAGRO SA (în reorganizare judiciară, in judicial reorganization, in redressement), CUI RO 32639607, announces the possibility of submitting...
Romania's Annual Inflation Rate Spikes To 7.9% In October 2021
Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday.