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Macroeconomics

CFA Romania: Macroeconomic Confidence Index Up 1.2 Points In April

The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) rose by 1.2 points in April, to 60.9 points, due to a rise in the expectations inde...

Gabriela Stan · 26.05.2016 · 10:39 · 1 min
Central Bank Governor Warns Populist Measures Threaten Real Convergence
Banks-Insurance

Central Bank Governor Warns Populist Measures Threaten Real Convergence

Increasing labor productivity is essential to advance real convergence and Romania should resist slipping into populist measures for election purposes, central bank governor Mugur Isarescu s...

Oana Gavrila · 19.05.2016 · 13:45 · 1 min
Romania Continues To Be One Of Europe’s Economic Success Stories - Report
Macroeconomics

Romania Continues To Be One Of Europe’s Economic Success Stories - Report

Consumer confidence is at the highest level since December 2013 in Romania, while the international business environment expects the country to be one of the five top markets this year, acco...

Gabriela Stan · 19.05.2016 · 13:24 · 1 min
EC: Romania’s Financial Risks Linked To Banking Sector, Wage Growth And Fiscal Policy
Social/Politics

EC: Romania’s Financial Risks Linked To Banking Sector, Wage Growth And Fiscal Policy

Romania is experiencing no macroeconomic imbalances but there are financial risks linked to the high stock of net foreign liabilities, the vulnerabilities of the banking sector and the pro-c...

Gabriela Stan · 18.05.2016 · 18:21 · 1 min
Net Assets Of Romanian Open-End Investment Funds Flat In April
Macroeconomics

Net Assets Of Romanian Open-End Investment Funds Flat In April

The net assets of Romanian open-end investment funds stayed flat in April at RON21 billion (EUR4.7 billion), while the growth since the beginning of the year continues to be modest, at 0.2%,...

Gabriela Stan · 16.05.2016 · 14:28 · 1 min
Romania Sees Highest Growth Rate In EU, Central Bank Says It’s Forced Growth
Macroeconomics

Romania Sees Highest Growth Rate In EU, Central Bank Says It’s Forced Growth

Romania saw the highest growth rate in the EU in the first quarter, double as much as Spain and Germany, but its central bank warns the growth was bolstered by pro-cyclical measures.

Loredana Frățilă-Cristescu · 16.05.2016 · 10:14 · 1 min
Macroeconomics

Romania Current Account Deficit Widens to EUR1.47B in 1Q

Romania's current account balance posted a deficit of EUR1.47 billion in the first quarter, from a surplus of EUR524 million in the first quarter last year, central bank data showed.

Oana Gavrila · 15.05.2016 · 19:07 · 1 min
Macroeconomics

Romania GDP Grows 4.2% in First Quarter

Romania’s gross domestic product rose 4.2% in the first quarter compared with the same period last year in seasonally adjusted terms, a flash estimate of the country's statistics board showe...

Oana Gavrila · 13.05.2016 · 09:08 · 1 min
Romania Seasonally Adjusted Industrial Output Drops 0.5% in 1Q
Macroeconomics

Romania Seasonally Adjusted Industrial Output Drops 0.5% in 1Q

Romania's seasonally adjusted industrial output fell 0.5% in the first quarter compared with the same period a year ago, the country's statistics board said Thursday.

Oana Gavrila · 12.05.2016 · 09:27 · 1 min