Macroeconomics
Romanian Inflation Returns to Positive Territory in January
Romania's consumer price index sprung back into positive territory in January, reaching an annual rate of 0.1% from -0.5% in December 2016, data from the country's statistics board showed We...
President Considers Sending 2017 Budget Bill Back to Parliament
Romanian President Klaus Iohannis said Tuesday, after talks with the prime minister and finance minister, he is concerned about the state budget and is considering sending the bill back to P...
Romania Posts 4.8% GDP Growth in 2016
Romania's gross domestic product grew an annual 4.8% in 2016, a flash estimate from the country's statistics board showed Tuesday.
Eurostat: Romania Minimum Wage, Second Lowest In EU
Romania continues to have the second lowest monthly minimum wage in the European Union, of EUR322 following the minimum wage hike in February, after Bulgaria (EUR235), Eurostat data show.
EC Sees Romania’s GDP Growth At 4.4% In 2017
The European Commission expects Romania’s economy to grow 4.4% in 2017, according to the EU executive’s winter forecast, while the Romanian government drafted the 2017 state budget on an eco...
Romania Posts Current Account Deficit of EUR4.1B in 2016
Romania's current account balance posted a deficit of EUR4.118 billion in 2016, compared with a deficit of EUR1.943 billion registered in 2015, central bank data showed Monday.
Romanian Government Mulls Setup Of Sovereign Fund For Development And Investment
The Romanian government has discussed on Thursday the setting up of the Sovereign Fund for Development and Investment (FSDI), aimed at developing and financing profitable and sustainable inv...
AmCham Romania: Allegations Against Multinational Companies, Untrue And Unconstructive
AmCham Romania considers that the allegations against multinational companies are untrue and unconstructive for the economy and society and stresses the need of collaboration between the loc...
Romanian Central Bank Revises 2017 Inflation Forecast to 1.7%
Romania's central bank has revised its inflation forecast to 1.7% for this year, from a previous projection of 2.1%, the bank's quarterly inflation report showed Thursday.