Macroeconomics
CFA Romania Analysts Expect Drop in Leu, Rise in Interests As Confidence Drops
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to weaken and leu interest rates to increase in the next 12 months.
Romania Posts Budget Deficit Of 0.81% Of GDP In January-September 2017
Romania's general consolidated budget posted a deficit of RON6.8 billion in January-September 2017, or 0.81% of the gross domestic product (GDP), which proves Romania falls within the defici...
Eurostat: Romania Posts Highest Budget Deficit In The EU, Of 4.1% Of GDP, In 2Q/2017
Romania registered the highest budget deficit in the European Union, in the second quarter of 2017, of 4.1% of the gross domestic product (GDP), being followed by the United Kingdom, with a...
Romania, Among EU Countries With Government Deficit Equal To Or Higher Than 3% Of GDP, In 2016
Romania (3.0%), France (3.4%) and Spain (4.5%) had a government deficit equal to or higher than 3% of GDP in 2016, and the lowest ratios of government debt to GDP were recorded in Estonia an...
Romania Posts Current Account Deficit of EUR4.04B in January-August
Romania's current account balance posted a deficit of EUR4.04 billion in January-August, compared with a deficit of EUR2.65 billion in the same period the year before, central bank data show...
Bucsa, UniCredit: Romania Risks Missing European Economic Growth Trend In Coming Years
The fiscal instability and the reduction of investments to record lows may cause Romania to miss the opportunity of following the European economic growth trend of the upcoming period, said...
Romania Industrial Output Grows 2% on Month in August
Romania's seasonally adjusted industrial output grew 2% in August compared with July, data from the country's statistics board showed Thursday.
IMF Revises Up Romania's Economic Growth Forecast to 5.5% This Year
The International Monetary Fund has revised Romania's economic growth forecast to 5.5% this year and 4.4% next year from a previous 4.2% and 3.4%, respectively.
Romania Inflation Picks Up in September to 1.8%
Romania's annual inflation picked up in September, hitting a rate of 1.8%, after a slowdown to 1.2% in August from 1.4% in July, data from the country's statistics board showed Wednesday.