Macroeconomics
Central Bank Sees No Severe Risk to Romania's Financial Stability
Romania's central bank sees no severe risks to the country's financial stability in this year's second report on financial stability, deputy governor Florin Georgescu said Tuesday.
Romania Drafts 2020 Budget on 3.59% Deficit, 4.1% GDP Growth
Romania's 2020 state budget will be based on a gross domestic product of RON1.129 trillion, a projected economic growth of 4.1% and a deficit of 3.59% of GDP, finance ministry data showed Tu...
Romania's Current Account Gap Widens to EUR9.2B in Jan-Oct
Romania's current account balance posted a deficit of EUR9.201 billion in the first ten months of 2019, compared with a deficit of EUR7.532 billion in the same period of 2018, central bank d...
Romania’s GDP Per Capita Expressed In PPS At 65% Of EU Average In 2018
Romania won two percentage points in the EU average of the GDP per capita expressed in purchasing power standards (PPS), reaching 65% of the EU average, compared to 63% in 2017, according to...
Romania's Government Sees 2020 Budget Deficit at 3.6% on Higher Revenues, Lower Spending
Romania's 2020 budget includes total spending of RON399.22 billion (35.4% of GDP), revenues of RON358.59 billion (31.8% of GDP) and a cash deficit of 3.6% of GDP, according to the government...
BT: Evolution Of Inflation Impacted By Depreciation Of Leu, Decrease In Agricultural Production
The acceleration of Romania’s annual inflation rate to 3.8% in November 2019, compared to 3.4% in October, was impacted by a decrease in agricultural production and the depreciation of the n...
S&P Revises Its Outlook On Romania To Negative On Rising Fiscal And External Deficits
International rating agency Standard&Poor’s (S&P) has revised its outlook on Romania to negative from stable, amid growing fiscal and external deficits, and also affirmed its long- and short...
Romania Annual Inflation Rate Climbs To 3.8% In November 2019
Romania's annual inflation rate climbed to 3.8% in November 2019 from 3.4% in October, driven by higher food prices, data from the country's statistics board showed Wednesday.
Romania's Trade Deficit Widens To EUR14.02B In January-October 2019
Romania's trade balance posted a deficit of EUR14.023 billion in the first ten months of 2019, EUR2.180 billion higher compared with the same period in 2018, data from the country's statisti...