Macroeconomics
BT Chief Economist: Economic Confidence Improved In August, To Six-Month High
Banca Transilvania chief economist Andrei Radulescu said the economic confidence has improved in August, which points to premises of continuing the favorable climate on the short term.
Romania Unemployment Rate at 6.1% in July
Romania's seasonally adjusted unemployment rate stood at 6.1% in July, 0.1 percentage points higher than in June, the country's statistics board said Wednesday.
Dumitru: Agriculture To Contribute Around 0.25% To Romania’s GDP Growth In 2016
Romania’s agricultural output might rise by 5%-10% in 2016, therefore its contribution to the country’s gross domestic product will reach nearly 0.25%, said Ionut Dumitru, chief economist at...
Romania Posts Budget Deficit Of 0.2% Of GDP In January-July
Romania's general consolidated budget posted a deficit of RON1.74 billion in January-July, or 0.2% of the gross domestic product, finance ministry data showed Thursday.
Romania Private Lending Down 0.7% on Month in July
Romanian private lending decreased 0.7% (0.4% in real terms) in July compared with June, to RON216.13 billion, central bank data showed Wednesday.
Coface: Recent Events In Turkey To Impact Romania Only In Terms Of Trade
The recent events related to the coup attempt in Turkey will impact Romania only in terms of trade, by tempering Romanian exports, given that Turkey is the main country of destination for Ro...
Eurobarometer: Romanians, More Pessimistic About Local Economy Than Europeans
Romanians are more pessimistic about the local economy than Europeans: thus, 78% of the Romanians say that they perceive the national economic situation as “bad”, while only 57% of Europeans...
Finance Minister: Romania’s GDP Growth, The Biggest In EU, Is Sustainable
Romania ranks first among the 28 European Union member states in terms of economic growth in the second quarter of 2016, followed by Slovakia, with a GDP growth of 3.7% and Spain with 3.2%,...
Romania Posts Current Account Deficit of EUR2.5B in 1H
Romania's current account balance posted a deficit of EUR2.5 billion in the first half of the year, compared with EUR374 million in the same period a year ago, central bank data showed Frida...