Macroeconomics
Romania Annual Inflation At -0.7% in November
Romania's consumer price index reached an annual rate of -0.7% in November, from -0.4% in October, the country's statistics institute said Monday.
Romania Net Average Salary Grows 0.7% in October
The net average salary in Romania increased 0.7% in October compared with September, to 2,108 lei (around EUR468), data from the country's statistics institute showed Friday.
Garanti Bank: Romania’s Economic Growth Rate To Slow Down In 2017, Macro Fundamentals Remain Strong
Garanti Bank forecasts a slowdown in Romania’s economic growth rate in 2017. Thus, the gross domestic product (GDP) is expected to grow up to 3.7% in 2017, in the context in which the evolut...
Net Investment in Romania Grows 4.1% in Jan-Sept
Net investments in the Romanian economy grew 4.1% in the first nine months of the year compared with the same period last year, to RON46.58 billion, data from the country's statistics board...
Romania Unemployment Rate at 5.8% in October
Romania's seasonally adjusted unemployment rate stood at 5.8% in October from 5.9% in September, the country's statistics board said Tuesday.
Eurostat: Romania, Ireland And Bulgaria Saw Lowest Tax-To-GDP Ratio In 2015
Romania, Ireland and Bulgaria registered the lowest share of taxes and social contributions in percentage of gross domestic product (GDP) in 2015, namely, 24.4%, 28% and 29%, respectively.
Romania Posts Budget Deficit of 0.17% of GDP in January-October 2016
Romania's consolidated budget deficit reached RON1.3 billion in the first ten months of 2016, or 0.17% of gross domestic product, from a deficit of 0.49% at the end of September, finance min...
CFA: Confidence In Romanian Economy Up In October
The macroeconomic confidence index measured by the Chartered Financial Analysts Association – Romania (CFA Romania) rose 12 points to 65.3 points in October 2016.
Adrian Vasilescu, BNR: “The Crisis Is Not Over Yet, Romania Is Still In Transition”
The financial crisis, which started “with a recession” in 2008-2009, is not over yet although the Romanian economy “grows at fastest pace in Europe”, as the country is still in transition, s...