Macroeconomics
EBRD Revises Up Romania’s 2016 GDP Growth Forecast To 4.8%
The European Bank for Reconstruction and Development (EBRD) on Thursday revised Romania’s GDP growth forecast for next year from 4% to 4.8%.
FIC: Foreign Investors Forecast Moderate Business Growth Next Year
Over half of foreign investors forecast a moderate growth of their businesses next year but consider that the legislative process has worsened, according to a business sentiment index survey...
Romania Unemployment Rate at 5.9% in September
Romania's seasonally adjusted unemployment rate stood at 5.9% in September, from 6% in August, the country's statistics board said Thursday.
Romania To Borrow EUR500M From IBRD To Finance Deficit And Refinance Public Debt
Romania will sign a loan agreement with the International Bank for Reconstruction and Development (IBRD), in the amount of EUR500 million, according to a memorandum discussed in Government’s...
Vasilescu (BNR): Wage Hikes For Health, Education Staff Could Take Romania Back To 2008
The salary increases for the health and education staff recently approved by the Parliament’s labor and budget committees could take Romania back to 2008, when the Parliament gave with one h...
Romania Industrial Producer Prices Up 0.2% on Month in September
Romania’s industrial producer price index inched up 0.2% in September compared with August, after a 0.3% monthly decline in August, the country’s statistics board said Wednesday.
Impact Of Public Sector Wage Bill On Budget At RON4.8B, Romania Risks Excessive Deficit - FinMin
Finance Minister Anca Dragu said Tuesday that the budget deficit is estimated to exceed 3% of the GDP, referring to the bill on public sector wages, unless other expenses are cut.
Deloitte: Romania To Have Fastest Growing Economy In CE Region In 2016-2018
Romania is expected to have the fastest growing economy in the CE region in 2016-18, Romania’s GDP growth is seen rising again to a minimum of 4.5% in 2016 before moderating to 3.3% in 2017-...
Romania Ranks 36th In World Bank’s "Doing Business 2017" Report
Romania climbed one spot and ranks 36th in World Bank’s "Doing Business 2017" report, which analyzes the business environment in 190 countries.