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Romania Ranks 55th in World Bank Doing Business 2020 Report
Analysis

Romania Ranks 55th in World Bank Doing Business 2020 Report

Romania dropped to the 55th spot, with a score of 73.3, in the World Bank's Doing Business 2020 report released Thursday, which which the business environment in 190 countries.

Oana Gavrila · 24.10.2019 · 12:17 · 2 min
CFA Analysts See Leu Falling to 4.48 vs Euro in Next 12 Months
Analysis

CFA Analysts See Leu Falling to 4.48 vs Euro in Next 12 Months

The Romanian leu is expected depreciate to an average of RON4.84 to the euro in the next 12 months, while the annual inflation rate is seen at 3.82% in October 2020, CFA Romania said Thursda...

Oana Gavrila · 24.10.2019 · 10:54 · 1 min
Romanian Private Lending Grows 0.8% on Month in September
Banks-Insurance

Romanian Private Lending Grows 0.8% on Month in September

Private lending in Romania grew 0.8% (+0.7% in real terms) in September compared with August, to RON266.776 billion, central bank data showed Wednesday.

Oana Gavrila · 23.10.2019 · 11:36 · 1 min
Eurostat: Romania Sees Lowest Increase In Government Debt In The EU, In 2Q/2019
Macroeconomics

Eurostat: Romania Sees Lowest Increase In Government Debt In The EU, In 2Q/2019

Romania’s government debt to GDP ratio grew to 34.2% in the second quarter of 2019, from 34.1% at the end of the first quarter, being the lowest increase among EU Member States, data from Eu...

Ecaterina Craciun · 22.10.2019 · 16:54 · 2 min
Eurostat: Romania’s Government Deficit At 3% Of GDP In 2018
Macroeconomics

Eurostat: Romania’s Government Deficit At 3% Of GDP In 2018

Romania ran a government deficit of 3% of the gross domestic product in 2018, Eurostat data showed Tuesday.

Ecaterina Craciun · 21.10.2019 · 17:52 · 1 min
Herman Van Rompuy: Invest Now, While Money Is Cheap
Social/Politics

Herman Van Rompuy: Invest Now, While Money Is Cheap

Europe is suffering from a too low investment level. China is investing more than 40% of its GDP. We in the EU invest half of that volume. We need larger investments everywhere in the EU cou...

Loredana Frățilă-Cristescu · 18.10.2019 · 09:00 · 2 min
Eurostat: Romania Posts Highest Annual Inflation Rate In September 2019
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In September 2019

The euro area annual inflation rate was 0.8% in September 2019, down from 1.0% in August. A year earlier the rate was 2.1%. European Union annual inflation was 1.2% in September 2019, down f...

Ecaterina Craciun · 16.10.2019 · 15:22 · 1 min
Romania’s Total External Debt Grows By EUR9.13B In January-August 2019, To EUR108.9B
Macroeconomics

Romania’s Total External Debt Grows By EUR9.13B In January-August 2019, To EUR108.9B

Romania’s total external debt grew by EUR9.13 billion in January-August 2019, to EUR108.9 billion, with the long-term debt accounting for 68.2%, central bank data showed Monday.

Ecaterina Craciun · 14.10.2019 · 14:32 · 1 min
Romania Annual Inflation Slows To 3.5% In September 2019
Macroeconomics

Romania Annual Inflation Slows To 3.5% In September 2019

Romania's annual inflation rate slowed to 3.5% in September 2019, lower by 0.4 percentage points compared with 3.9% in August 2019, data from the country's statistics board showed Friday.

Ecaterina Craciun · 11.10.2019 · 10:49 · 1 min