Macroeconomics
Romania’s Services Exports to Go Up to EUR30B A Year in Five Years
Romania’s services exports have been going up steadily in the past few years to a record high in 2018, EUR18.2 billion in January-October, almost 50% higher than five years ago and 7% higher...
BT: Private Consumption To Reduce Growth Rate To 4% In 2019; Comeback To 5% Expected As Of 2020
Private consumption will reduce its growth rate to 4% in 2019, versus 10% in 2017 and 6.3% in 2018, against the backdrop of a rebalancing of the economic policy, the normalization of the mon...
Banca Transilvania Expects Major Decline Of GDP Growth To 2.8% In 2019 From 4% In 2018
The annual dynamic of the gross domestic product (GDP) is expected to decelerate from 7% in 2017 to 4% in 2018 and to 2.8% in 2019, respectively, an evolution triggered by a rebalancing of t...
CFA: Financial Analysts’ Confidence In Romania’s Economy Slumps in November
Financial analysts’ confidence in Romania’s economy declined 4.1 points in November compared with October, but was 0.2 points higher than in November 2017, to 44.3 points, according to the m...
Romania Q3 Unemployment Rate at 3.9%
Romania's unemployment rate stood at 3.9% in the third quarter, down 0.2 percentage points compared with the second quarter, data from the country's statistics board showed Friday.
Romania's GDP Grows 7% in Real Terms in 2017
Romania's gross domestic product grew 7% in real terms in 2017 compared with 2016, a semi-definitive reading from the country's statistics board showed Thursday.
Business Sector To Govt: New Taxes Cause Shock and Chaos in the Economy. Stop!
The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell...
Romania Announces New Taxes To Gain Extra RON10B Revenue
Finance Minister Eugen Teodorovici on Tuesday evening announced new taxes on bank assets, energy and telecom companies, which he intends to use to patch the holes in the 2019 budget.
Eurostat: Romania, Among Top Three EU Countries With Highest Annual Inflation Rate In November
Romania, Hungary and Estonia registered the highest annual inflation rates, of 3.2% each, among European Union Member States in November 2018, Eurostat, the statistical office of the Europea...