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ENGIE Romania CEO: Consumption-Based Economic Growth Is Good, But Not Sustainable
Macroeconomics

ENGIE Romania CEO: Consumption-Based Economic Growth Is Good, But Not Sustainable

Eric Stab, president of Foreign Investors Council (FIC) and Chief Executive Officer of ENGIE Romania, the largest natural gas supplier on the local market, on Tuesday said macroeconomic fund...

Ecaterina Craciun · 27.06.2017 · 12:18 · 1 min
Macroeconomics

Romania Unemployment Rate At 5.5% in First Quarter

The unemployment rate in Romania stood at 5.5% in the first quarter of 2017, the same as in the fourth quarter of 2016, the country's statistics board said Tuesday.

Oana Gavrila · 27.06.2017 · 09:22 · 1 min
Eurostat: Romania Posts Second Lowest Inflation in EU in May
Macroeconomics

Eurostat: Romania Posts Second Lowest Inflation in EU in May

Romania posted the second lowest annual inflation rate in the European Union in May, after Ireland, of 0.5%, according to data published Friday by Eurostat, the statistical office of the EU.

Oana Gavrila · 16.06.2017 · 16:38 · 1 min
Romanian Industrial Output Down 0.5% on Month in April
Macroeconomics

Romanian Industrial Output Down 0.5% on Month in April

Romania's seasonally adjusted industrial output decreased 0.5% in April compared with March, data from the country's statistics board showed Wednesday.

Oana Gavrila · 14.06.2017 · 09:27 · 1 min
Romania Posts Current Account Deficit of EUR1.4B in Jan-Apr
Macroeconomics

Romania Posts Current Account Deficit of EUR1.4B in Jan-Apr

Romania's current account balance posted a deficit of EUR1.4 billion in January-April, compared with a deficit of EUR906 million in the same period the year before, central bank data showed...

Oana Gavrila · 13.06.2017 · 14:33 · 1 min
Romania Average Net Salary Grows 1% in April
Macroeconomics

Romania Average Net Salary Grows 1% in April

The net average salary in Romania grew 1% in April compared with March, to 2,366 lei (around EUR518), data from the country's statistics board showed Tuesday.

Oana Gavrila · 13.06.2017 · 10:02 · 1 min
Romania Annual Inflation Rate at 0.6% in May
Macroeconomics

Romania Annual Inflation Rate at 0.6% in May

Romania's consumer price index hit an annual rate of 0.6% in May, data from the country's statistics board showed Monday.

Oana Gavrila · 12.06.2017 · 12:11 · 1 min
Romania Trade Deficit Widens to EUR3.36B in January-April
Macroeconomics

Romania Trade Deficit Widens to EUR3.36B in January-April

Romania's trade balance posted a deficit of EUR3.36 billion in January-April, EUR568 million higher than in the same period in 2016, the country's statistics board said Friday.

Oana Gavrila · 09.06.2017 · 09:08 · 1 min
Romanian Parliament Adopts Public Sector Wage Bill
Social/Politics

Romanian Parliament Adopts Public Sector Wage Bill

Romania's lower house of Parliament on Wednesday adopted a bill regulating salaries in the public sector with 188 votes in favor, 28 against and 47 abstentions.

Oana Gavrila · 07.06.2017 · 12:31 · 1 min