Macroeconomics
Romania Posts Budget Deficit of 0.49% of GDP in Jan-Sept
Romania's consolidated budget deficit rose to RON3.7 billion in the first nine months, or 0.49% of gross domestic product, from a deficit of 0.41% at the end of August, finance ministry data...
AmCham: A Sustainable Economic Growth Should Be Romanian Government’s Top Priority
The Romanian Government’s top priority should be a sustainable economic growth, followed by investments in human capital, with focus on education and demography, modern infrastructure and th...
AmCham: VAT Cut, Beneficial For Business Environment, But Problematic For State Budget
Romania is facing problems with collecting taxes and fees, as the share of budget revenues in the GDP stagnated at 30%-31%, on the backdrop of a need to speed up the reformation of the tax a...
CFA: Confidence In Romanian Economy Fell In September
The macroeconomic confidence index measures by the Chartered Financial Analysts Association – Romania (CFA Romania) has fallen by 11.5 points to 53.3 points in September 2016, due to the wor...
Loans Granted By NBFIs Up 8.6% In 1H/2016
Loans granted by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON23 billion (EUR5.2 billion) at the end of June 2016, up by RON1.8 billi...
GfK: Romania Economic Situation Better Than Consumer Sentiment
The Romanian economy is booming, nevertheless, consumers are skeptical about the next few months and would not rule out the possibility of an economic slowdown, according to a GfK study.
Companies Run From Tax Havens Generate 20% Of Romania Companies Turnover
Nearly 20% of the turnover of companies active in Romania is generated by companies with at least one shareholder which is a legal entity registered offshore, according to a KeysFin study.
Improving Productivity, Key Mission To Avoid Economic Imbalances
Romania is at its best in twenty-six years in terms of macroeconomics, but also faces unprecedented risk, Romania’s central bank governor Mugur Isarescu said at the Country Risk 2016 confere...
Isarescu: Romania At Its Best Macroeconomically But Faces Unprecedented Risk
Romanian central bank governor Mugur Isarescu said Tuesday the country is currently at the best he has seen in his career in terms of macroeconomics but also faces unprecedented risk.