Macroeconomics
Romania’s GDP Expected To Grow 4.2% In 2016 And 4.3% In 2017
Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence p...
ING: Romania Might Enter Eurozone Around Mid-2020
Romania might enter the Eurozone around the mid-2020s, when GDP per capita (in terms of purchasing power standards) will be closer to the 70% of EU average – a figure also suggested by the c...
Romania Posts RON3B Budget Surplus In January-March 2016
Romania's general consolidated budget posted a surplus of RON3 billion in the first three months of 2016, or 0.4% of gross domestic product, finance ministry data showed Monday.
Romania Current Account Deficit Widens to EUR337M in Jan-Feb
Romania’s current account balance posted a deficit of EUR337 million in January-February, compared with a deficit of EUR42 million registered in January-February 2015, central bank data show...
Romania Industrial Sales Grow 11.9% on Month in February
Romanian industrial sales grew 11.9% in nominal terms in February compared with January, driven by a growth of 12.9% in manufacturing, the country’s statistics institute said Tuesday.
Romanian Industrial Output Grows 1% on Month in February
Romania’s industrial output grew an adjusted 1% on the month in February, driven by growth in manufacturing and mining, the country’s statistics institute said Tuesday.
Standard&Poor's Affirms Romania’s Ratings; Outlook Stable
Standard&Poor's Ratings Services affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania, while the outlook is stable, the Finance Ministr...
Romanian Annual Inflation Drops to -3% in March
Romanian consumer prices inched up 0.1% in March compared with February, but the annual inflation rate dropped to -3% from -2.7% in February, the country's statistics board said Monday.
Romania's Trade Deficit Widens EUR993.5M in Jan-Feb
Romania's trade balance posted a deficit of EUR993.5 million in January-February, EUR428.4 million higher than in the same period last year, the country's statistics board said Monday.