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Romanian President Signs Off On 2019 State Budget Bill
Social/Politics

Romanian President Signs Off On 2019 State Budget Bill

Romanian President Klaus Iohannis on Friday signed off on the 2019 state budget bill after criticizing the ruling party for rejecting his re-examination request.

Oana Gavrila · 15.03.2019 · 13:31 · 1 min
Dacia, Ford and Daimler, Top Three Exporters in Romania in 2018
Automotive

Dacia, Ford and Daimler, Top Three Exporters in Romania in 2018

For the first time ever, Romania’s top three exporters operate in the automotive industry, as Ford stepped up production of EcoSport in Craiova, Daimler stepped up production of transmission...

Loredana Frățilă-Cristescu · 15.03.2019 · 09:29 · 1 min
Leu Falls To 4.7640 Units Vs Euro, Nearing New All-Time Low
Macroeconomics

Leu Falls To 4.7640 Units Vs Euro, Nearing New All-Time Low

The Romanian leu hit a new low of 4.7640 units against the euro on Thursday, losing 0.02% on the day from 4.7632 units per euro on Wednesday.

Ecaterina Craciun · 14.03.2019 · 18:50 · 1 min
Romanian Parliament Adopts 2019 State Budget Bill Again, Unchanged
Social/Politics

Romanian Parliament Adopts 2019 State Budget Bill Again, Unchanged

Romanian lawmakers on Wednesday adopted the 2019 state budget bill unchanged, rejecting President Klaus Iohannis' request for reexamination.

Oana Gavrila · 13.03.2019 · 15:26 · 1 min
Romania Average Net Salary Drops 0.7% on Month in January
Macroeconomics

Romania Average Net Salary Drops 0.7% on Month in January

The net average salary in Romania declined 0.7% in January compared with December, to 2,936 lei (around EUR617), after holiday and end of the year performance bonuses granted in December, da...

Oana Gavrila · 13.03.2019 · 09:06 · 1 min
Government Passes Budget Caps Decree
Social/Politics

Government Passes Budget Caps Decree

Romania’s Government passed on Tuesday an emergency decree which sets caps for specific fiscal-budget indicators used in the 2019 state budget bill after a similar Parliament bill was reject...

Oana Gavrila · 13.03.2019 · 08:43 · 1 min
Romania Posts EUR1.259B Trade Gap in January
Macroeconomics

Romania Posts EUR1.259B Trade Gap in January

Romania's trade balance posted a deficit of EUR1.259 billion in January, EUR481.9 million higher compared with January 2018, data from the country's statistics board showed Tuesday.

Oana Gavrila · 12.03.2019 · 09:14 · 1 min
Romania Annual Inflation Spikes to 3.8% in February
Macroeconomics

Romania Annual Inflation Spikes to 3.8% in February

Romania's annual inflation rate spiked to 3.8% in February from 3.3% in January, data from the country's statistics board showed Tuesday.

Oana Gavrila · 12.03.2019 · 09:06 · 1 min
UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan
Macroeconomics

UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan

Romania's annual inflation rate may have grown to 3.5% in February, from 3.3% in January, and is likely to fluctuate within a range of 3 to 3.6% throughout 2019, according to UniCredit Bank...

Ecaterina Craciun · 11.03.2019 · 16:45 · 1 min