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Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says
Macroeconomics

Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says

Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up...

Ecaterina Craciun · 10.02.2021 · 18:23 · 1 min
Romania's Exports Up 5% in December
Macroeconomics

Romania's Exports Up 5% in December

Romania’s exports rose 5.1% in December compared with the year-ago month, which shows the economy is slowly starting to recover.

Loredana Frățilă-Cristescu · 10.02.2021 · 10:30 · 1 min
Romania Posts Trade Deficit of EUR18.38B in 2020
Macroeconomics

Romania Posts Trade Deficit of EUR18.38B in 2020

Romania's trade balance posted a deficit of EUR18.38 billion in 2020, EUR1.08 billion higher compared with 2019, data from the country's statistics board showed Tuesday.

Oana Gavrila · 09.02.2021 · 09:17 · 1 min
Romania Targets 7% Budget Deficit in 2021
Social/Politics

Romania Targets 7% Budget Deficit in 2021

Romania's government targets a budget gap of 7%-7.1% of the gross domestic product in 2021, prime minister Florin Citu said Monday, adding the budget bill would be published in the upcoming...

Oana Gavrila · 08.02.2021 · 12:36 · 1 min
Romania Forex Reserves Grow to EUR37.454B in January
Macroeconomics

Romania Forex Reserves Grow to EUR37.454B in January

Romania's foreign exchange reserves grew to EUR37.454 billion at the end of January from EUR37.379 billion at the end of 2020, central bank data showed Monday.

Oana Gavrila · 01.02.2021 · 13:39 · 1 min
Romania Unemployment Rate Drops To 4.9% In December 2020
Macroeconomics

Romania Unemployment Rate Drops To 4.9% In December 2020

Romania's seasonally adjusted unemployment rate fell to 4.9% in December 2020, lower by 0.2 percentage points than 5.1% in November 2020, data from the country's statistics board showed Mond...

Ecaterina Craciun · 01.02.2021 · 10:55 · 1 min
KeysFin: Romania’s Economy Expected To Grow 2.5% To 3.5% In 2021
Macroeconomics

KeysFin: Romania’s Economy Expected To Grow 2.5% To 3.5% In 2021

Experts of KeysFin, one of business information providers in Romania, expect the Romanian economy to grow by 2.5% to 3.5% in 2021.

Ecaterina Craciun · 29.01.2021 · 19:32 · 2 min
Romania Ends 2020 with 9.79% Budget Deficit
Macroeconomics

Romania Ends 2020 with 9.79% Budget Deficit

Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed.

Oana Gavrila · 28.01.2021 · 10:29 · 1 min
Romania's GDP Grows 4.1% in 2019
Macroeconomics

Romania's GDP Grows 4.1% in 2019

Romania's gross domestic product grew 4.1% in real terms in 2019 compared with 2018, semi-final data from the country's statistics board confirmed Thursday.

Oana Gavrila · 28.01.2021 · 10:05 · 1 min