Macroeconomics
Romania Unemployment Rate Inches Down to 3.9% in January
Romania's seasonally adjusted unemployment rate inched down to 3.9% in January from 4.1% in December 2019, data from the country's statistics board showed Tuesday.
Romania Forex Reserves Grow to EUR35.83B in February
Romania's foreign exchange reserves grew to EUR35.83 billion at the end of February from EUR35.505 billion at the end of January, central bank data showed Monday.
European Commission Sees Romania’s Budget Deficit Widening To 6.1% Of GDP In 2021
Romania’s budget deficit is expected to climb to 4.4% of the gross domestic product (GDP) in 2020 and to 6.1% in 2021 following pension increases, the European Commission noted in its 2020 c...
European Commission To Recommend Opening Excessive Deficit Procedure Against Romania
The European Commission will recommend next week the opening of excessive deficit procedure against Romania, European Commission vice-president Valdis Dombrovskis said Wednesday.
Romania Posts Budget Deficit Of RON458M, Or 0.04% Of GDP, In Jan 2020
Romania's general consolidated budget posted a deficit of RON458 million, or 0.04% of the gross domestic product, in January 2020, with total revenues amounting to RON27.5 billion and total...
Leu Hits New All-Time Low At 4.8079 Versus Euro
The Romanian leu on Tuesday dropped to a fresh all-time low against the euro, as the central bank average reference rate stood at 4.8079 lei to the European currency.
Romania Private Lending Grows 0.8% on Month in January
Private lending in Romania grew 0.8% in nominal terms and 0.4% in real terms in January compared with December 2019, to RON269.646 billion, central bank data showed Tuesday.
CFA Analysts See Leu Falling to 4.89 vs. Euro in Next 12 Months
Most analysts expect the Romanian leu to depreciate to an average of 4.89 to the euro in the next 12 months and the annual inflation rate is seen at an average of 4.04%, CFA Romania said Tue...
Leu's Exchange Rate Tumbles To Fresh All-Time Low Of 4.8026 Versus Euro
The Romanian leu on Friday fell to a fresh all-time low against the euro, as the central bank average reference rate stood at 4.8026 lei to the European currency.