Macroeconomics
Romania Average Net Salary Inches Up 0.1% On Month In July 2021
The average net salary in Romania inched up 0.1% in nominal terms in July 2021 compared with June 2021, to 3,545 lei (around EUR716), data from the country's statistics board showed Friday.
Romania's Annual Inflation Rate Climbs To 5.3% In August 2021
Romania's annual inflation rate kept its upward trend in August 2021, growing to 5.3%, higher than 5% in July 2021 and 3.94% in June 2021, data from the country's statistics board showed Fri...
Romania Posts Trade Deficit Of EUR12.8B In January-July 2021
Romania's trade balance posted a deficit of EUR12.8 billion in January-July 2021, higher by EUR2.8 billion compared with the first seven months of 2020, data from the country's statistics bo...
Eurostat: GDP Up By 2.1%, Employment Up By 0.7% In The EU
In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the st...
Fitch Ratings: Romania’s Political Crisis Poses Risks To Deficit Reduction
International rating agency Fitch has warned the collapse of Romania’s coalition government could disrupt fiscal consolidation efforts, which are key to resolving the Negative Outlook on Rom...
Romanian Leu Drops To Fresh All-Time Low At 4.9488 Versus Euro
The Romanian leu dropped to a new all-time low against the euro on Tuesday (September 7), as the central bank average reference rate stood at 4.9488 lei to the European currency.
Romania’s GDP Grows 1.8% In 2Q/2021 Vs 1Q/2021
Romania's gross domestic product (GDP) grew 1.8% in real terms in the second quarter of 2021 compared with the first quarter of 2021, provisional (1) estimates from the country's statistics...
Romania Raises RON300M Selling Oct 2034 Bonds At 4.34% Average Yield
Romania's finance ministry on Monday raised a planned 300 million lei (EUR60 million), selling treasury bonds maturing in October 2034 at an average yield of 4.34%, central bank data showed.
Romanian Leu Slumps To New All-Time Low At 4.9416 Versus Euro
The Romanian leu dropped to a new all-time low against the euro on Friday (September 3), as the central bank average reference rate stood at 4.9416 lei to the European currency.