Macroeconomics
Romeo Dunca, Dunca Expeditii: Everybody Imports
The biggest problem of Romania’s economy is that it is overwhelmed by imports of goods, says Romeo Dunca, founder of Dunca Expeditii, one of the largest freight carriers in Romania.
Romania's Current Account Deficit Balloons to EUR7.99B in Jan-Oct
Romania's current account balance posted a deficit of EUR7.99 billion in January-October, nearly 52% higher compared with a deficit of EUR5.267 billion in the same period last year, central...
Romanian Households’ Net Wealth Peaks at Decade High of EUR415B
Each Romanian has a net wealth of more than EUR21,000 and the indebtedness per person stands at almost EUR1,610, Romania’s central bank shows in its latest Financial Stability Report.
Finance Minister Teodorovici Sees 5.5% GDP Growth in 2019. Too Optimistic, Analysts Say
Finance Ministry is delaying publication of the 2019 budget bills, which should have already been debated by the Parliament. On Tuesday night, Finance Minister Eugen Teodorovici provided a f...
Romania Has the Potential to Double Its GDP in Ten Years
Romania can double its gross domestic product (GDP) from about EUR200 billion as estimated this year to EUR400 billion in ten years, provided that it invest in the road infrastructure and th...
Romania Average Net Salary Grows 13.7% On Year In October
The net average salary in Romania grew by 13.7% in October 2018 compared with October 2017, to 2,720 lei (around EUR585), and by 1.2% (RON32) compared with September 2018, data from the coun...
Romania’s Annual Inflation Rate Falls To 3.4% In November 2018
Romanian consumer prices grew 3.4% in November 2018, compared with November 2017, but the annual inflation rate fell by nearly one percentage point, from 4.3% in October 2018, data from the...
Net Investment In Romania Grows 2.7% In Jan-Sept 2018, To RON54.6B
Net investments in the Romanian economy grew 2.7% on the year in the first nine months of 2018, to nearly RON54.6 billion, data from the country's statistics board showed Monday.
Romania’s Trade Deficit Widens To EUR11.8B In January-October 2018
Romania's trade balance posted a deficit of EUR11.845 billion in the first ten months of 2018, EUR1.62 billion higher compared with the same period of 2017, data from the country's statistic...