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Romania Forex Reserves Decline to EUR36.831B in June
Macroeconomics

Romania Forex Reserves Decline to EUR36.831B in June

Romania's foreign exchange reserves declined to EUR36.831 billion at the end of June from EUR37.570 billion at the end of May, central bank data showed Thursday.

Oana Gavrila · 01.07.2021 · 13:41 · 1 min
Romanian Unemployment Rate Inches Down to 5.5% in May
Macroeconomics

Romanian Unemployment Rate Inches Down to 5.5% in May

Romania's seasonally adjusted unemployment rate inched down to 5.5% in May from 5.7% in April, data from the country's statistics board showed Thursday.

Oana Gavrila · 01.07.2021 · 10:27 · 1 min
Romania's Public Debt Nears 50% of GDP end-April
Macroeconomics

Romania's Public Debt Nears 50% of GDP end-April

Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the go...

Oana Gavrila · 29.06.2021 · 12:15 · 1 min
Fitch: Romania’s Investment Grade Hinges on Fiscal Outlook, Policy Implementation
Analysis

Fitch: Romania’s Investment Grade Hinges on Fiscal Outlook, Policy Implementation

Romania’s retention of its investment-grade rating will depend on the fiscal outlook and policy implementation, Fitch Ratings said in a new report.

Oana Gavrila · 29.06.2021 · 09:35 · 1 min
Romania's Budget Gap Reaches 2.3% of GDP in January-May
Macroeconomics

Romania's Budget Gap Reaches 2.3% of GDP in January-May

Romania's general consolidated budget posted a deficit of RON26.18 billion in January-May, or 2.29% of the gross domestic product, lower compared with RON38.84 billion, or 3.68% of GDP, in t...

Oana Gavrila · 28.06.2021 · 11:55 · 1 min
CFA Analysts See Leu Above 5 Units vs Euro in Next 12 Months, Inflation at 3.75%
Analysis

CFA Analysts See Leu Above 5 Units vs Euro in Next 12 Months, Inflation at 3.75%

Financial analysts expect the Romanian leu will depreciate to over 5 units to the euro in the next 12 months (June 2021-June 2022), while inflation is seen averaging 3.75% during the same pe...

Oana Gavrila · 28.06.2021 · 10:15 · 1 min
Romania Private Lending Grows 0.9% on Month in May
Banks-Insurance

Romania Private Lending Grows 0.9% on Month in May

Private lending in Romania grew 0.9% in nominal terms and 0.4% in real terms in May compared with April, to RON296.269 billion, central bank data showed Wednesday.

Oana Gavrila · 23.06.2021 · 12:27 · 1 min
(P) Investment opportunity on the Romanian seaside right when local tourism is being rediscovered
Companies

(P) Investment opportunity on the Romanian seaside right when local tourism is being rediscovered

Hotel Inter Venus, 5 * is looking for visionary investors to continue the story of tourism at the Black Sea. Located in the center of Venus resort, on the seafront and with direct access to...

Ștefan Stan · 15.06.2021 · 11:37 · 2 min
Romania Current Account Gap Doubles to EUR4.71B in Jan-Apr
Macroeconomics

Romania Current Account Gap Doubles to EUR4.71B in Jan-Apr

Romania's current account balance posted a deficit of EUR4.71 billion in the first four months of 2021, compared with a deficit of EUR2.274 billion in the same period in 2020, central bank d...

Oana Gavrila · 14.06.2021 · 12:52 · 1 min