Macroeconomics
Education, Healthcare Sectors To Get Extra Funds At Budget Revision
The budget revision draft stipulates the increase of the general consolidated budget revenue by RON2.92 billion and the increase of the expenses of the general consolidated budget also by RO...
Romania Unemployment Rate At 6.4% in June
Romania's seasonally adjusted unemployment rate stood at 6.4% in June, down 0.2 percentage points compared with the previous month, the country's statistics board said Friday.
INS: Romanian Executives Expect Growth In Constructions And Retail, Price Stability In July-Sept
Romanian managers expect activity in the construction sector and retail to grow between July and September 2016, see moderate growth in services and industry, and also expect prices to stabi...
Austria Managers: Romanian Economy To Maintain Upward Trend In 2016, 2017
70% of the managers of Austrian companies operating in Romania consider that the local economy will maintain its upward trend in 2016 and 2017, while three in four managers believe their com...
CFA Romania: Macroeconomic Confidence Index Fell 7.3 Points In June
The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) fell by 7.3 points to 58.5 points in June, due to a drop in both current conditions...
Romanians’ Local Currency Savings Hit New Record High In June
Romanians’ local-currency savings reached a new record high in June, to RON97.5 billion, up 1.7% on the month and 10.7% on the year, according to central bank data.
Romania Posts Budget Deficit Of 0.5% Of GDP In January-June
Romania's general consolidated budget posted a deficit of RON3.85 billion in January-June, or 0.5% of the gross domestic product, compared with a budget deficit target of 1.9% for the first...
PM: Brexit, EU Terror Attacks Could Impact Romanian Economy
Romanian Prime Minister Dacian Ciolos said Monday that the events in the European Union, such as terror attacks and Brexit, can impact the Romanian economy, and the level of incertitude depe...
Romania’s Public Debt Up RON20B One Year After VAT Cut
Romania’s direct public internal and external debt reached 278 billion lei (EUR61.7 billion) at the end of May 2016, having gone up by RON20 billion on the end of May 2015, according to Fina...