Macroeconomics
Romania Ends 2015 With Budget Deficit of 1.47% GDP, Below Target
Romania's consolidated budget posted a deficit of 10.3 billion lei ($2.47 billion) in 2015, accounting for 1.47% of gross domestic product, below the government's deficit target of 1.85% of...
Analyst: Romania Could See Economic Growth Of Over 5% This Year
Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with B...
Govt Spends RON15B More In December, Drives Budget Into Deficit
Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion t...
PwC: Half Of Romanian CEOs Expect Revenue Growth In 2016
Half of Romanian CEOs anticipate higher revenues in the upcoming 12 months, while 56% of them plan to increase the number of employees, according to PwC Global CEO Survey 2016.
Romania Revises 3Q GDP Upwards by RON1.69B
Romania's statistics office has revised the country's nominal gross domestic product for the third quarter of 2015 upwards by RON1.69 billion, to RON197.46 billion and to RON500.18 billion f...
Erste: Romania Inflation Could Accelerate To 1% In Late 2016
Romania’s inflation could stay on negative territory until May, following a renewed cut in VAT, but a trend reversal is expected and price growth is seen accelerating to 1% in late 2016, onc...
Romania Manufacturing Industry Orders Decline 4.7% in November
Romania's manufacturing industry received 4.7% fewer orders in November than in October,after a growth of 4.2% in October, the country’s statistics institute said Wednesday.
Romanian Industrial Output Declines 0.2% in November
Romania’s industrial output declined by 0.2% on the month in November in adjusted data, after a 0.1% in October, the country’s statistics institute INS said Wednesday.
Romania Net Average Salary Grows 2.5% in November
The net average salary in Romania increased 2.5% in November compared with October, to 1,918 lei (around EUR423), data from the country's statistics institute showed Wednesday.