Macroeconomics
Romania's Budget Gap Widens to 3.56% of GDP in Jan-Nov
Romania's general consolidated budget posted a deficit of RON37.05 billion, or 3.56% of the gross domestic product, finance ministry data showed Monday.
Leu Exchange Rate Drops To 4.7799 Units Vs Euro
The Romanian leu depreciated against the euro by midday Friday, the third day of Christmas, and the central bank’s reference was set at 4.7799 units, the second lowest level ever, after 4.78...
Romania Private Lending Grows 0.1% on Month in November
Private lending in Romania grew 0.1% (-0.1% in real terms) in November compared with October, to RON268.671 billion, central bank data showed Friday.
Leu Exchange Rate Falls To 4.7794 Units Vs Euro On Christmas Eve
The Romanian leu fell against the euro by midday Tuesday, the day before Christmas, and the central bank’s reference was set at 4.7794 units, the second lowest level since November 21, 2019...
Romanian Government Takes Responsibility for 2020 State Budget Bill
Romania's Government on Monday took responsibility before parliament to fast-track the adoption of the 2020 state budget bill.
CFA Analysts See Leu Falling To 4.86 Vs Euro In Next 12 Months
The Romanian leu is expected to depreciate to an average of RON4.86 to the euro over the next 12 months, compared to 4.77 per euro currently, while the annual inflation rate is seen falling...
Romania Unemployment Rate Stays at 3.8% in 3Q/2019
Romania's seasonally adjusted unemployment rate stood at 3.8% in the third quarter of 2019, the same as in the second quarter, data from the country's statistics board showed Friday.
Romania's GDP Grows 4.4% in 2018
Romania's gross domestic product grew 4.4% in real terms in 2018 compared with 2017, semi-definitive data from the country's statistics board showed Friday.
Government to Take Responsibility for State Budget Bill
Romania's liberal government will take responsibility before Parliament for the adoption of the 2020 state budget bill and changes to the tax decree passed by social-democrats in December 20...