Macroeconomics
Finance Ministry: Romania Has A Solid Economic Framework, Brexit Impact Is Manageable
Romania posted solid economic results, providing additional comfort and confidence in a low impact of Brexit on the local economy, Finance Ministry said in a statement on Friday.
PwC: Romania’s Budget Lost EUR8.3B On VAT Deficit In 2015
Romania’s budget loses EUR8.3 billion annually due to the VAT deficit, namely the difference between the VAT to be collected and the sums actually collected, according to a PwC study analyzi...
Net Assets Of Romanian Open-End Investment Funds Rose Slightly In May
The net assets of Romanian open-end investment funds inched up 0.3% to 21.1 billion lei (EUR4.68 billion) in May 2016, while the growth since the beginning of the year continues to be modest...
Is Romania's Current Economic Growth Sustainable?
Romania has the highest economic growth in Europe at the moment, 4.3% in the first quarter, but some are raising doubts about its quality, considering it was based on consumer spending (up a...
Iohannis: Romanian Economy Is Straightening Alongside Anticorruption Progresses
The Romanian economy is straightening alongside progresses in the fight against corruption, but this process takes time, President Klaus Iohannis told Italian investors on Tuesday, at the Ro...
Romania Seasonally Adjusted Industrial Output Up 3.5% on Month in April
Romania's seasonally adjusted industrial output increased 3.5% in April compared with March, the country's statistics board said Tuesday.
Romania Current Account Deficit Widens to EUR1.84B in January-April
Romania's current account balance posted a deficit of EUR1.84 billion in January-April, from a surplus of EUR282 million in the same period last year, central bank data showed Monday.
Romania Manufacturing Industry Orders Decline 6.8% on Month in April
Romania's manufacturing industry received 6.8% fewer orders in April compared with March, due to drops in the durable goods and consumer goods sectors, the country's statistics board said Fr...
Romanian Industrial Sales Decline 1.4% on Month in April
Romanian industrial sales declined 1.4% in nominal terms in April compared with March, due to a 10.3% drop in the mining industry, the country's statistics board said Friday.