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Net Investment In Romania Grows 18.6% YoY To RON67B In Jan-Sept 2019
Macroeconomics

Net Investment In Romania Grows 18.6% YoY To RON67B In Jan-Sept 2019

Net investments in the Romanian economy grew 18.6% in the first nine months of 2019, compared with the same period of 2018, to RON67.1 billion (nearly EUR14 billion), data from the country's...

Ecaterina Craciun · 10.12.2019 · 10:48 · 1 min
Romania Net Average Salary Grows 1.1% in October
Macroeconomics

Romania Net Average Salary Grows 1.1% in October

The net average salary in Romania grew 1.1% in nominal terms in October compared with September, to 3,116 lei (around EUR652), data from the country's statistics board showed Monday.

Oana Gavrila · 09.12.2019 · 09:51 · 1 min
Eurostat: Romania’s GDP Grows 0.6% On Quarter In 3Q/2019
Macroeconomics

Eurostat: Romania’s GDP Grows 0.6% On Quarter In 3Q/2019

Romania’s economy grew 0.6% in the third quarter of 2019 compared with the same quarter of the previous year, data from Eurostat, the statistical office of the European Union, showed Thursda...

Ecaterina Craciun · 05.12.2019 · 13:45 · 1 min
Romania's GDP Grows 3% YoY in 3Q/2019
Macroeconomics

Romania's GDP Grows 3% YoY in 3Q/2019

Romania's gross domestic product grew 3% (3.2% in real terms) in the third quarter compared with the same period in 2018, a second reading by the country's statistics board showed Thursday.

Oana Gavrila · 05.12.2019 · 10:25 · 1 min
Government Seeks RON1.5B in Additional Dividends from State-Run Companies
Macroeconomics

Government Seeks RON1.5B in Additional Dividends from State-Run Companies

The Finance Ministry will request about 1.5 billion lei (EUR314 million) worth of dividends from the state-run companies but does not know whether they will make the payments this year or in...

Loredana Frățilă-Cristescu · 05.12.2019 · 09:00 · 2 min
Romania PM Assures 2020 State Budget Will Be Ready By 15 December Deadline
Social/Politics

Romania PM Assures 2020 State Budget Will Be Ready By 15 December Deadline

Romanian PM Ludovic Orban on Tuesday gave assurances the country’s 2020 state budget will be ready until the December 15 deadline, saying it should be adopted in Parliament until the end of...

Ecaterina Craciun · 03.12.2019 · 18:31 · 1 min
Government Paper Yields Up Due to Rise in Budget Deficit and Financing Needs
Macroeconomics

Government Paper Yields Up Due to Rise in Budget Deficit and Financing Needs

The average yields of government paper are rising fast and the domestic currency has lost ground to the euro in the past month, while the GDP growth slowed down, the inflation went up and th...

Loredana Frățilă-Cristescu · 03.12.2019 · 09:53 · 1 min
Leu Gains Ground Vs Euro, Exchange Rate At 4.7777
Macroeconomics

Leu Gains Ground Vs Euro, Exchange Rate At 4.7777

The Romanian leu has gained ground against the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.7777.

Ecaterina Craciun · 02.12.2019 · 14:22 · 1 min
Romania Forex Reserves Drop to EUR33.8B in November
Banks-Insurance

Romania Forex Reserves Drop to EUR33.8B in November

Romania's foreign exchange reserves declined to EUR33.817 billion at the end of November from EUR34.908 billion at the end of October, central bank data showed Monday.

Mihai Gongoroi · 02.12.2019 · 13:51 · 1 min