Macroeconomics
Romania Forex Reserves Grow to EUR38.304B in April
Romania's foreign exchange reserves grew to EUR38.304 billion at the end of April from EUR35.709 billion at the end of March, central bank data showed Tuesday.
Romania Unemployment Rate Drops To 5.5% In March 2021
Romania's seasonally adjusted unemployment rate decreased to 5.5% in March 2021, the lowest level since December 2020 and lower by 0.2 percentage points from 5.7% in February 2021, data from...
Romania Posts Budget Deficit of 1.28% of GDP in 1Q/2021
Romania's general consolidated budget posted a deficit of RON14.6 billion in the first quarter of 2021, or 1.28% of the gross domestic product, lower compared with RON18 billion, or 1.7% of...
Eurostat: Romania Had One Of Largest Increases In Government Debt-To-GDP Ratio In EU, In 4Q/2020
Romania’s government debt reached 4.2% of the gross domestic product (GDP) in the fourth quarter of 2020, compared with the third quarter of 2020, being the country with one of the largest i...
CFA Analysts See Leu at 4.99 vs Euro in 12 Months
CFA Romania analysts see the Romanian leu averaging 4.95 units to the euro over the next 6 months and 4.99 over the 12 month-horizon, from its current level of over 4.92 units to the euro.
Fiscal Council Head Says National Recovery And Resilience Plan Means 14% Of GDP For Romania
The National Recovery And Resilience Plan means 14% of the gross domestic product for Romania and absorbing half of the money allotted through the resilience plan could boost investments in...
BT: Loan-Deposit Ratio Plunges To 66.7% In February 2021, Touching All-Time Low
The loan-to-deposit ratio decreased to 66.7% in February 2021, touching an all-time low, from 67.2% in January, which is due to the adjustment on the foreign currency loan-deposit segment, t...
Romania Unemployment Rate Grows to 5% in 2020 from 3.9% in 2019
Romania's unemployment rate stood at 5% in 2020, compared with 3.9% in 2019, data from the country's statistics board showed Tuesday.
Standard & Poor's Revises Romania's Outlook to Stable from Negative
Standard & Poor's Global Ratings has revised the outlook on Romania's sovereign rating to stable from negative due to decreasing fiscal risks, while maintaining the rating at BBB-/A-3.