Macroeconomics
Isarescu: Romania Faces Internal Risks, Due To Electoral Year, But They Are Unlikely To Materialize
Central bank governor Mugur Isarescu on Friday said Romania is marred by internal uncertainties regarding the fiscal and salary policy, as well as structural reforms, considering that 2016 i...
Central Bank Governor: Inflation To Stay Negative Until May
The Romanian central bank sees inflation going deeper into negative territory until May, due to tax cuts, and the indicator is expected to return within the central bank's target band in ear...
Minister: Romania’s GDP Grew 10% In 2009-2015 Due To EU Funds Absorption
Romania’s gross domestic product (GDP) grew 10% due to the absorption of funds put at the country’s disposal by the European Commission between 2009 and 2015, according to an analysis cited...
EC Improves Romanian Economic Growth Forecast, Warns of Risks
The European Commission has made marginal improvements on Romania's economic growth estimates in its winter forecast released Thursday, but warns of risks posed by new legal initiatives and...
EC: Law On Debt Discharge, As Initially Approved By Parliament, A Major Macroeconomic Risk
The implementation of the law on debt discharge, as initially approved by Parliament, is a major risk to the macroeconomic outlook while the retroactive application of the law could have a n...
Retail Sales Still Have 1.6% To Go To Match 2008 Level
Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculati...
Romania Retail Sales Up 8.9% on Year in 2015
Romanian retail sales grew 8.9% in 2015 compared with 2014, due to a 19.1% growth in food, beverage and tobacco sales, the country's statistics institute said Wednesday.
Romania Unemployment Rate Stays Flat at 6.7% in December 2015
Romania's seasonally adjusted unemployment rate remained unchanged at 6.7% in December 2015 compared with November, the country’s statistics institute said Tuesday.
Romanian Industrial Producer Prices Decline 0.3% in December
Romania’s industrial producer price index declined by 0.3% on the month in December, after a 0.1% slump in November, the country’s statistics institute said Tuesday.