Macroeconomics
How Romania’s Economy Looks Like Today Compared With 1999
Today’s economy looks significantly better than it did in 1999, as most indicators strengthened in the past nineteen years. The gross domestic product went up more than five-fold from EUR33....
Analysts: Romania's Imports Boost Inflation, Weaken Leu
Romania's economy is vulnerable and its growth based on consumption of imported goods puts pressure on inflation and weakens the Romanian leu, the Association of Romanian Financial and Banki...
Romania 3Q GDP Grows 8.8% on Year
Romania's gross domestic product grew 8.8% in the third quarter compared with the third quarter last year, a flash estimate of the country's statistics board showed Tuesday.
Romania Posts Current Account Deficit of EUR4.19B in Jan-Sept
Romania's current account balance posted a deficit of EUR4.19 billion in January-September, compared with a deficit of EUR2.88 billion in the same period the year before, central bank data s...
Romania Risks Failing Euro-Adoption Criteria, Says Central Bank Official
Romania risks missing certain targets next year that count for the country's euro-adoption ambitions, such as its budget deficit, inflation and interest rates, central bank chief economist V...
Romania Consumer Prices Grow Sharply In October, Annual Inflation Rate Hits 2.6%
Romania's annual inflation spiked in October, hitting a rate of 2.6% from 1.8% in September, data from the country's statistics board showed Friday.
EC Revises Romania's 2017 GDP Growth Forecast to 5.7% from 4.3%
The European Commission has revised it's projections for Romania's economic growth to 5.7% this year from 4.3% previously, and to 4.4% in 2018 from 3.7% previously, according to its autumn e...
Romania Central Bank Revises Yearend Inflation Forecast Up to 2.7% from 1.9%
Romania's central bank on Thursday raised its inflation forecast for the end of the year to 2.7% from a previous forecast of 1.9%, governor Mugur Isarescu said at a press briefing on the cen...
Romania Trade Gap Widens to EUR8.88 B in Jan-Sept
Romania's trade balance posted a deficit of EUR8.88 billion in January-September, EUR1.95 billion higher than in the same period in 2016, data from the country's statistics board showed Thur...