Macroeconomics
CFA Romania: Macroeconomic Confidence Index Fell 4.3 Points In December
The macroeconomic confidence index measured by the Chartered Financial Analysts Association – Romania (CFA Romania) fell 4.3 points to 61.3 points in December 2016, due to a drop in both cur...
ING Bank: Romania Continues To See Almost Credit-Less Economic Growth
Romania continues to see almost credit-less economic growth, as the private loans' share of GDP declined last year to a decade low, according to ING Bank analysts.
Industrial Barometer: Romania’s Industrial Sector Saw Sharp Fall In December 2016
Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, fell by 8 points in December 2016, below the 50-point threshold which...
Romanian Business Leaders: Government’s Economic Decisions Negatively Impact Companies, Employees
The economic decisions approved by the Romanian government in the last three weeks have negative consequences for millions of employees and hundreds of thousands of companies, as they were m...
Romanian Government Sees 2017 Economic Growth at 5.2%
Romania's social democrat government targets investments of 4.2% of the gross domestic product this year and has drafted the 2017 state budget on an economic growth projection of 5.2%, finan...
GfK: Romania Ranks 33rd In “Purchasing Power Europe 2016” Ranking
Romania ranks 33rd in GfK’s “Purchasing Power Europe 2016” ranking, similar with 2015, with an average per-capita purchasing power of EUR4,181, representing approximately one third of the av...
Romania Posts Current Account Deficit of EUR3.44B in Jan-Nov
Romania's current account balance posted a deficit of EUR3.441 billion in January-November, compared with a deficit of EUR1,237 billion in the year-earlier period, central bank data showed F...
Romania Revises 3Q 2016 GDP to 4.8% from 4.9%
Romania's statistics board on Friday revised the country's third quarter gross domestic product growth to 4.8% year-on-year from a previous reading of 4.9%.
Romania Net Average Salary Up 3% in November
The net average salary in Romania increased 3% in November compared with October, to 2,172 lei (around EUR484), data from the country's statistics board showed Friday.