Macroeconomics
Romania Revises 2015 Economic Growth to 3.8% from 3.7%
Romania's statistics institute on Friday said it revised 2015 economic growth to 3.8% from its previous reading of 3.7%.
Central Bank Governor Warns Of Severe Systemic Risk
Romania's central bank governor Mugur Isarescu warned Thursday the central bank has identified severe systemic risk in Romania for the first time ever.
Companies Generating 75% Of Romania’s Exports Employ Only 350,000 People
Romania’s exports, EUR54.6 billion last year, were driven by a small number of companies. The 500 largest exporters in the country account for 75% of the exports (EUR40 billion) and only 7.8...
Romania Net Average Salary Inches Up 0.4% In February
The net average salary in Romania grew a slight 0.4% in February compared with January, to 1,950 lei (around EUR436), data from the country's statistics institute showed Wednesday.
Romania Adjusted Retail Sales Up 1.9% on Month in February
Romanian adjusted retail sales, excluding vehicle sales, grew 1.9% on the month in February and were 4.2% higher in unadjusted data, the country's statistics institute said Tuesday.
Romania Industrial Producer Prices Fall 1% on Month in February
Romania’s industrial producer price index declined by 1% on a monthly basis in February, after a 0.6% decline in January, the country’s statistics institute said Monday.
Romania Unemployment Rate at 6.5% in February
Romania's seasonally adjusted unemployment rate stood at 6.5% in February, unchanged from the previous month, the country's statistics board said Friday.
Isarescu: Central Bank Should Narrow Interest Rate Corridor
Romanian central bank governor Mugur Isarescu said the bank should narrow the interest rate corridor in a move to strengthen the main monetary policy rate.
Romania Central Bank Holds Key Rate at 1.75% Low
The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year, in line with analyst expectations.