Macroeconomics
Romania Trade Deficit Widens to EUR9.95B in 2016
Romania's trade balance posted a deficit of EUR9.95 billion in 2016, EUR1.6 billion higher than in 2015, the country's statistics board said Thursday.
Romania Average Net Salary Grows 8.4% in December
The net average salary in Romania increased 8.4% in December compared with November, to 2,354 lei (around EUR524), due to year-end and holiday bonuses, data from the country's statistics boa...
Central Bank Governor Says 2017 Budget Is Ambitious
Romanian central bank governor Mugur Isarescu said Tuesday Romania's 2017 state budget, currently undergoing Parliament approval, is ambitious in terms of revenue and optimistic in terms of...
Fiscal Council: 2017 Budget Draft Diverges Substantially From National And European Fiscal Rules
The Fiscal Council said that the state budget draft for 2017, presented by the Finance Ministry, is deliberately and substantially diverging from the national and European fiscal rules signe...
Romanian Industrial Producer Prices Up 0.8% on Month in December
Romania’s industrial producer price index rose 0.8% in December 2016 compared with November, after 0.1% growth in November, the country’s statistics board said Thursday.
AmCham: Adopted Legislation Undermines Rule Of Law, Strays Romania From European Standards
AmCham Romania has expressed its disappointment regarding the reasoning, adopting procedure, provisions and effects of the Emergency Ordinance 13/2017 and of the project to amend the Crimina...
Romanian Government Adopts 2017 State Budget
Romanian government adopted the state budget for 2017, Finance Minister Viorel Stefan said late Tuesday, after the Cabinet meeting.
Romania Unemployment Rate at 5.5% in December
Romania's seasonally adjusted unemployment rate stood at 5.5% in December, from 5.7% in November, the country's statistics board said Tuesday.
Romania Posts Budget Deficit of 2.41% of GDP in 2016
Romania's consolidated budget deficit posted a deficit of RON18.3 billion in 2016, or 2.41% of gross domestic product, below the government's target of 2.75% of GDP, finance ministry data sh...