Macroeconomics
Romania Forex Reserves Drop To EUR37.57B In May 2021
Romania's foreign exchange reserves fell to EUR37.57 billion at the end of May 2021, lower by EUR738 million than in April 2021, central bank data showed Wednesday.
Romania Unemployment Rate At 5.7% In April 2021
Romania's seasonally adjusted unemployment rate stood at 5.7% in April 2021, lower by 0.1% than the 5.8% level reported in April 2020, data from the country's statistics board showed Monday.
Romania's Budget Gap at 1.81% of GDP in Jan-Apr
Romania's general consolidated budget posted a deficit of RON20.7 billion in January-April, or 1.81% of the gross domestic product, lower compared with RON26.8 billion, or 2.54% of GDP, in t...
Analysts See Romanian Inflation Growing To 3.53%, Leu At Over 5 Units Vs Euro In Next 12 Months
Seven in ten financial analysts polled by CFA Romania expect Romania's inflation rate to grow to 3.53% over the next 12 months, and over 80% of them estimate the leu will depreciate against...
Foreign Investors Council Sees Romania’s 2021 Economic Growth Above European Average
The Foreign Investors Council (FIC), an organization that brings together over 120 multinational companies, said Romania’s economic growth in 2021 would exceed the European average, which wi...
Erste Revises Romania 2021 GDP Growth Forecast to 6.7% from 4.2%
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive...
PM: Romania Posts Fastest Economic Recovery in History
Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data s...
Romania's GDP Grows 2.8% in 1Q/2021 vs. 4Q/2020
Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, a flash estimate from the country’s statistics board showed Tu...
Romania Current Account Gap Widens to EUR2.549B in 1Q/2021
Romania's current account balance posted a deficit of EUR2.549 billion in the first quarter of 2021, compared with a deficit of EUR990 million in the same period in 2020, central bank data s...