Macroeconomics
Romania Unemployment Rate Grows To 4.6% In April
Romania's seasonally adjusted unemployment rate grew 0.2 percentage points on month in April 2018, to 4.6%, the country's statistics board said Thursday.
EC Urges Romania To Address Budget Deficit, Voices Concern About Judicial Reform
The European Commission on Wednesday urged Romania to address its budget deficit and voiced concern about the country’s judicial reform, questioning the irreversibility of progress made so f...
Romania’s GDP Growth Flat In Q1 2018 Vs Q4 2017, Analysts Revise Forecasts
Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs a...
Romania Posts GDP Growth Of 4% On Year In 1Q/2018
Romania's gross domestic product grew 4% in the first quarter of 2018, compared with the same period a year ago, data from the country's statistics board showed Tuesday.
Romania's Current Account Deficit Widens to EUR967M in 1Q/2018
Romania's current account balance posted a deficit of EUR967 million in the first quarter compared with a deficit of EUR770 million in the first quarter of 2017, central bank data showed Mon...
CFA Romania: Financial Analysts’ Confidence In Romania’s Economy Rose Slightly In April
Financial analysts’ confidence in Romania’s economy for the next year rose slightly in April 2018, compared with March, but stays below the level registered in April 2017.
Romania Inflation Rate Hits Five-Year High Of 5.2% In April 2018
Romanian consumer prices accelerated further in April 2018, reaching an annual inflation rate of 5.2%, the highest level since April 2013, data from the country's statistics board INS showed...
Romania Contributes 1.2% To EU GDP In 2017; Germany, UK, France Generate 51%
In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to EUR15,300 billion at current prices and Romania’s contribution was 1.2%. Over half of EU’s GDP was generated...
Romania Trade Deficit Widens to EUR2.7B in 1Q/2018
Romania's trade balance posted a deficit of EUR2.715 billion in the first quarter of the year, EUR416.2 million higher compared with the first quarter of 2017, data from the country's statis...