Macroeconomics
Romania Trade Deficit Widens To EUR6.8B In First Seven Months Of 2017
Romania's trade balance posted a deficit of EUR6.82 billion in the first seven months of 2017, EUR1.7 billion higher than in the same period in 2016, the country's statistics board INS said...
Romania To Raise Funds for Most Ministries At Budget Revision
Romania's government will have a positive budget reversion, with additional funds for most ministries, due to better than expected economic growth, finance minister Ionuț Misa said Friday.
Net Investments in Romania Down 0.2% in 1H/2017
Net investments in the Romanian economy dropped by 0.2% in the first six months of 2017 compared with the same period last year, to RON29.8 billion, data from the country's statistics board...
BT Analyst: Consumption Accelerates, Investments Rebound, But Rise In Workforce Costs Unsustainable
Consumption accelerated in the second quarter of 2017, to 8%, from the year-earlier period, and productive investments returned to growth, with a year-on-year rise of 2.4%, but the increase...
SME Council: Planned Fuel Excise Hikes Won’t Solve Deficit Problem Or Balance State Budget
Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, on Monday said the planned increase in excise duties on gasoline and diesel gas will not solve deficit-...
Eurostat: Romania’s Unemployment Rate Below EU Average In July 2017
Romania's seasonally adjusted unemployment rate, of 5.2%, was below the European Union average, of 7.7%, in July 2017, Eurostat, the statistical office of the European Union, said in a repor...
VAT Collection Down 8% In July 2017/July 2016 Despite Rising Consumer Spending
VAT collection has inexplicably worsened in July. While it dropped 4% year-on-year in the first half, in July it went down 8% compared with July 2016.
Romania Private Lending Grows 0.5% on Month in July
Romanian private lending grew 0.5% (0.2% in real terms) in July compared with June, to RON227.96 billion, central bank data showed Thursday.
Fitch: Romania's Robust Growth Is Not Risk Free
Romania has posted another quarter of rapid economic growth, but pro-cyclical fiscal policy and rapid wage growth in 2017 have increased overheating risks, Fitch Ratings says.