Macroeconomics
CFA Romania Analysts See Leu Weakening, Interest Rates Rising In Next 12 Months
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’s GDP Could Reach EUR200B In 2018
In 2018, when Romania celebrates 100 years since its Great Union, its gross domestic product could reach EUR200 billion, beating Greece’s or Czech Republic’s.
BT: Funding Costs To Rise In Coming Period; Financial Market To Be Marked By Volatility
Financing costs on a medium term will increase in the upcoming period, amid global trends and forecasts on the dynamic of nominal GDP, in parallel with volatility on the financial market and...
Romania Revises 2017 Economic Growth Forecast To 5.6% From 5.2%
Romania's National Prognosis Commission on Friday revised the country’s economic growth forecast for 2017 up to 5.6%, from a previous estimate of 5.2% in its spring forecast.
Eurostat: Romania Sees Highest Annual Increase In Hourly Labor Costs In EU, In 2Q/2017
Romania registered the highest annual increase in hourly labor costs, of 18.6%, among European Union member states, in the second quarter of 2017, compared with the year-earlier period, Euro...
Banca Transilvania Sees Current Account Deficit Rising To 3.4% Of GDP In 2017, Highest Level Since 2012
Banca Transilvania chief economist Andrei Radulescu on Thursday said he expects the deficit of the current account balance to rise to 3.4% of the GDP in 2017, the highest level since 2012, a...
Slovakia, Latvia And Romania Post Highest Increases In Industrial Production In EU In July 2017
Slovakia (9.2%), Latvia (8.9%) and Romania (7.6%) registered the highest increases in industrial production in the European Union, in July 2017, compared with July 2016, Eurostat, the statis...
BNR: Romania’s Total External Debt Rose By EUR2.05B In January-July 2017
Romania’s total external debt increased by EUR2.05 billion in January-July 2017 and its long-term debt reached EUR69.5 billion on July 31, 2017 (73.6% of the total external debt), up 0.8% co...
Analysts: Decline In Funds For Investments In Favor Of Wage Raises To Trigger Economic Imbalance
The decline in funds earmarked for investments in favor of raising wage costs, stipulated in the draft budget revision, will boost consumption which will encourage imports and thus trigger e...