Macroeconomics
Romania Average Net Salary Grows 5.9% on Month in December 2018
The net average salary in Romania grew 5.9% in December compared with November, to 2,957 lei (around EUR623), mainly due to holiday and end of the year performance bonuses, data from the cou...
Romania Trade Gap Widens to EUR15.13B in 2018
Romania's trade balance posted a deficit of EUR15.13 billion in 2018, EUR2.17 billion higher compared with 2017, data from the country's statistics board showed Monday.
Romanian Government Adopts 2019 Budget, Targets Deficit at 2.55% of GDP
Romania's government on Friday adopted the 2019 state budget, built on an economic growth projection of 5.5%, which critics said is overly optimistic, and targeting a deficit of 2.55% of gro...
EC Maintains Romania's 2019 GDP Growth Projection at 3.8%
The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast.
Fiscal Council Says Govt's 5.5% GDP Growth Projection Is Surprising, Unwarranted
Maintaining an economic growth projection of 5.5% in 2019 especially after the emergency decree 114/2018 introducing new taxes is surprising and unwarranted, Romania's Fiscal Council said in...
Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty
Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings said in a...
Romania Drafts 2019 Budget on 5.5% GDP Growth, Targets 2.55% of GDP Deficit
Romania's government targets a deficit of 2.55% of gross domestic product and expects economic growth of 5.5%, according to the 2019 state budget plan published late on Thursday.
Romania Unemployment Rate At 3.8% In December 2018
Romania's seasonally adjusted unemployment rate inched down 0.1 percentage points to 3.8% in December 2018, from 3.9% in November, data from the country's statistics board showed Thursday.
Prognosis Commission Keeps Romania’s GDP Growth Forecast At 5.5% In 2019
Romania’s economy is expected to grow by 5.5% in 2019, to RON1,022.5 billion, as per the latest forecast released by the national commission for prognosis and statistics on Wednesday, the sa...