Macroeconomics
Romanian Parliament Adopts 2019 State Budget
Romanian lawmakers on Friday adopted the 2019 state budget with 275 to 122 votes.
Romanian Lawmakers Amend Law to Raise 2019 Deficit Target to 2.76% of GDP
Romania's lower chamber of Parliament on Friday adopted an amendment to the national law capping the budget deficit to raise the deficit target to 2.76% of gross domestic product for 2019 fr...
Eurostat: Romania Posts Fourth Biggest GDP Growth in EU in 4Q/2018
Romania posted the fourth largest annual economic growth in the European Union in the fourth quarter of 2018, of 4%, on a par with Slovakia, Eurostat data showed Thursday.
Romania's GDP Grows 4% YoY in Real Terms in 2018
Romania's gross domestic product grew 4.1% on the year in 2018 (4% in real terms), a flash reading from the country's statistics board showed Thursday.
BT Analyst: Difficult Investment Climate Expected To Persist In Upcoming Quarters
Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT), expects a difficult investment climate to persist locally in upcoming quarters, amid a deterioration of the ma...
Romania's Current Account Deficit Widens to EUR9.4B in 2018
Romania's current account balance posted a deficit of EUR9.416 billion in 2018, nearly 60% higher than the EUR5.97 billion deficit recorded in 2017, central bank data showed Wednesday.
Romania Inflation Rate Flat at 3.3% in January
Romania's annual inflation rate stood at 3.3% in January, the same as in December 2018, data from the country's statistics board showed Wednesday.
Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable
Romanian central bank governor Mugur Isarescu on Monday said the profits of banks in Romania are not as big as they are publicly presented or higher than the profits of banks operating in ot...
Romanian Central Bank Raises 2019 Inflation Forecast to 3% from 2.9%
Romania's central bank has raised its year-end inflation forecast for 2019 to 3% from a previous forecast of 2.9%, central bank governor Mugur Isarescu said Monday.