Macroeconomics
CFA Romania: Financial Analysts’ Confidence In Romania’s Economy Rose Slightly In February
Financial analysts’ confidence in Romania’s economy for the next year rose slightly in February 2017, being generated mainly by the correction of the current conditions index, the Chartered...
EIU Survey: Bucharest, Among The World’s Ten Cheapest Cities To Live In
Bucharest is among the world’s ten cheapest cities to live in, according to a survey from the Economist Intelligence Unit (EIU), based on the cost of living, but is more expensive than Mumba...
Romania Sees Highest Annual Increase In Hourly Labor Costs In The EU, In 4Q/2016
Romania registered the highest annual increase in hourly labor costs, of 12.3%, in the fourth quarter of 2016, followed by Lithuania (+10.7%), Latvia (+8.1%) and Bulgaria (+8.0%), according...
ING Study: Low Labor Costs In Romania Lure Investors
Romania and Bulgaria are countries in Central and Eastern Europe which offer attractive labor costs for investors, while Poland excels in education, according to a study by financial group I...
IMF: Impact Of Romania Wage Raises Seen At 2.1% Of GDP, For 2017-2020 Period
Romania has consolidated its economy over the last years, after the crisis, but tax cuts and wage raises exceeding productivity, and the decrease in public investments are a threat to these...
IMF Representatives, Romanian Officials Had Talks About Sovereign Fund For Development And Investment
The representatives of the International Monetary Fund (IMF) on Friday had talks with the Romanian officials about the Sovereign Fund For Development And Investment that the government plans...
IMF Sees Romania’s Budget Deficit At 3.7% Of GDP In 2017
The International Monetary Fund (IMF) mission chief for Romania, Reza Baqir, on Friday said Romania’s budget deficit is expected to reach 3.7% of the gross domestic product in 2017, and 3.9%...
Eurostat: Romania Posts Second Lowest Annual Inflation Rate In The EU, In February 2017
Romania registered the second lowest annual inflation rate among EU member states, of 0.5%, according to data published on Thursday by Eurostat, the statistical office of the European Union.
Romania Posts Current Account Surplus of EUR416M in January
Romania's current account balance posted a surplus of EUR416 million in January, from a surplus of EUR211 million in January 2016, central bank data showed Thursday.