Macroeconomics
Romania's Central Bank Lowers Inflation Forecast to 3.8% in 2019, 3.1% in 2020
Romania's central bank has lowered its year-end inflation forecast to 3.8% for 2019, from a previous forecast of 4.2%, central bank governor Mugur Isarescu said Friday.
Romania's Liberal Government Seeks to Revise 2019 Budget by End-November
Romania's new liberal government is working on a budget revision draft to be adopted by the end of November, prime minister Ludovic Orban said late Thursday.
EC Autumn Forecast Sees Romania's Budget Deficit at 6.1% in 2021
The European Commission sees Romania's budget deficit at 3.6% of GDP this year, growing to 4.4% in 2020 and 6.1% in 2021, according to its Autumn 2019 Economic Forecast released Thursday.
Romania Net Average Salary Grows 1.2% On Month In September 2019
The average net salary in Romania grew 1.2% in nominal terms in September 2019 compared with August, to 3,082 lei (around EUR647), data from the country's statistics board showed Thursday.
Romania Central Bank Sees Annual Inflation Slightly Above Target Variation Band At End-2019
Romania’s annual inflation rate is seen slightly above the target variation band at the end of 2019, but it is expected to subsequently return and stay in the upper half of the variation ban...
Romania's New Finance Minister Skeptical About 2019 Budget Deficit Target
Romania's new liberal finance minister Florin Citu said Tuesday he was not convinced the country's budget deficit can stay within the EU limit of 3% of gross domestic product this year since...
Romania Unemployment Rate Grows to 3.9% in September
Romania's seasonally adjusted unemployment rate inched up to 3.9% in September from 3.8% in August, data from the country's statistics board showed Thursday.
Romania Budget Gap Widens to 2.6% of GDP in Jan-Sept
Romania's general consolidated budget posted a deficit of RON26.97 billion in January-September, or 2.6% of the gross domestic product, finance ministry data showed Wednesday.
Most Important Economic Measures Proposed by Orban Government
Prime minister-designate Ludovic Orban presented a set of economic steps his government aims to implement if voted into office by the Parliament. They include the listing of Hidroelectrica a...