Macroeconomics
Romania Posts Trade Deficit Of EUR16.7B In January-September 2021
Romania's trade balance posted a deficit of EUR16.7 billion in January-September 2021, higher by EUR3.68 billion compared with the first nine months of 2020, data from the country's statisti...
EBRD Revises Up Romania’s GDP Growth Forecast To 7.2% In 2021
The European Bank for Reconstruction and Development (EBRD) on Thursday (Nov 4) revised upwards its forecast on Romania’s economic growth to 7.2% in 2021 and 4.4% in 2022.
Romanian Unemployment Rate Drops To 5% In September 2021
Romania's seasonally adjusted unemployment rate decreased by 0.2 percentage points to 5% in September 2021, from 5.2% in August 2021, data from the country's statistics board INS showed Wedn...
CFA Analysts See Leu Above 5 Units Vs Euro, Annual Inflation At 5% In Next 12 Months
Financial analysts expect the Romanian leu will depreciate to 5.0547 units to the euro in the next 12 months, while the annual inflation rate is seen at 5.01% during the same period, a month...
Romania Posts Budget Gap Of 3.77% Of GDP In January-September 2021
Romania's general consolidated budget posted a deficit of RON44.29 billion in January-September 2021, or 3.77% of the gross domestic product, lower than RON67.27 billion, or 6.37% of GDP, in...
Romania Private Lending Grows 13.4% YoY To RON314.5B In January-September 2021
Private lending grew by 13.4% in nominal terms to RON314.5 billion in January-September 2021, compared to the same period in 2020, as local currency lending grew by 18.4% and foreign currenc...
(P) Investment opportunity for the development of residential or industrial projects in the north of Bucharest
The opportunity is represented by 2 plots of land with a total area of 328,336 sqm, located in Ilfov county, Petresti village, Corbeanca commune, in a mixed area, both agricultural, semi-ind...
Eurostat: Romania Posts Fifth Highest Annual Inflation Rate In The EU, Of 5.2%, In Sept 2021
Romania ranks fifth among European Union Member States regarding the annual inflation rate, with consumer prices increasing by 5.2% in September 2021 compared to September 2020, based on the...
BNR: Annual Inflation Rate to Probably Rise to Much Higher Values Than Anticipated
The annual inflation rate would probably rise over the short time horizon to much higher values than those anticipated in the August forecast, which had indicated a 5.6% in December 2021 and...