Macroeconomics
Keysfin Barometer: One In Two Managers Expects Romania’s Economy To Grow 4.5% In 2018
Businesspeople are moderately optimistic and concerned about the real evolution of the Romanian economy in 2018, deeming the inflation, the depreciation of the leu and fiscal uncertainties a...
World Bank Sees Romanian Economy Growing 4.5% in 2018 After 6.4% Growth in 2017
The World Bank sees Romania's economy growing by 4.5% in 2018, 4.1% in 2019, and 3.5% in 2020, after an estimated growth of 6.4% in 2017, it said in its Global Economic Prospects report rele...
Romania Trade Deficit Widens to EUR11.344B in Jan-Nov
Romania's trade balance posted a deficit of EUR11.344 billion in January-November 2017, EUR2.57 billion higher than in the same period in 2016, data from the country's statistics board showe...
PwC: Global Economy Set To Grow Nearly 4% In 2018; Romania To Keep Trend
The global economy is set to grow by almost 4% in 2018 in purchasing power parity (PPP) terms, adding an extra $5 trillion to global output at current values, and Romania’s economy is expect...
Romania Unemployment Rate At 4.7% In November 2017
Romania's seasonally adjusted unemployment rate stood at 4.7% in November 2017, lower by 0.2 percentage points compared with 4.9% in October, the country's statistics board said Tuesday.
President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities
Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below the EU limit of 3% of GDP will be difficul...
Raiffeisen Bank Revises Up Romania’s 2017 GDP Growth Forecast To 6.8%
Raiffeisen Bank has revised upward its forecast on Romania’s economic growth for 2017, to 6.8% from 5.7%, based on the evolution of the economy in the first nine months of the year when offi...
Banca Transilvania Chief Economist: Private Lending To Grow By 3.9% In 2018
Romanian private lending is seen growing by 3.9% in 2018, according to an analysis by Banca Transilvania chief economist Andrei Radulescu.
Romania Posts Budget Deficit Of 1.21% Of GDP In January-November 2017
Romania's general consolidated budget posted a deficit of RON10.2 billion in January-November 2017, or 1.21% of the gross domestic product (GDP), which proves Romania falls within the defici...