Macroeconomics
Romanian Fiscal Council Sees 2019 Budget Deficit at 3.5% of GDP
Romania's Fiscal Council said Monday the country's budget deficit could reach 3.5% of gross domestic product this year, well above the EU limit of 3%, as the state budget is undervalued.
Net Investment In Romania Up 0.8% YOY To RON84.004B In 2018
Net investments in the Romanian economy grew 0.8% year-on-year in 2018, to RON84.004 billion, data from the country's statistics board showed Friday.
BT: Romania’s GDP Growth To Moderate Further In 2019, At 2.8%; May Accelerate To 3.3% In 2020
Romania’s economic growth will moderate further in 2019, at 2.8%, compared with 4.1% in 2018 and 7% in 2017, against the backdrop of the completion of the external post-crisis cycle, the cha...
Romania GDP Grew 4.1% In Real Terms YOY In 2018
Romania’s gross domestic product grew 4.1% in real terms year-on-year in 2018, provisional estimates from the country's statistics board showed Thursday.
Romanian Finance Ministry Vows to Change Bank Tax
Romania's finance ministry is working to change a controversial levy on banks' assets, disconnecting it from the level of money market interest rates and exempting certain types of assets fr...
Romania Unemployment Rate at 3.9% in January
Romania's seasonally adjusted unemployment rate edged down to 3.9% in January from 4% in December 2018, data from the country's statistics board showed Friday.
CFA Romania Analysts See Leu Falling To An Average of 4.8884 Units Vs Euro In Next 12 Months
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to an average of 4.8884 units per euro in the next 12 months and the average infla...
Eurostat: Romania's North-East, South-West Oltenia Among European Regions With Lowest GDP Per Capita
Romania’s North-East and South-West Oltenia regions are among the European regions with the lowest GDP per capita, alongside five regions in Bulgaria, two in Hungary and one in France, data...
Romania Posts Budget Surplus of 0.07% of GDP in January
Romania's general consolidated budget posted a surplus of RON0.7 billion in January, or 0.07% of gross domestic product, finance ministry data showed Tuesday.