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INS: Romanian Executives See Decline In Constructions In Dec 2015-Feb 2016
Macroeconomics

INS: Romanian Executives See Decline In Constructions In Dec 2015-Feb 2016

Romanian business executives expect stable activity in the processing industry and retail, a decline in activity and staff numbers in constructions, as well as moderate decline in retail pri...

Ecaterina Craciun · 28.12.2015 · 11:06 · 1 min
French And German Investors Call For Progressive Increase In Romanian Minimum Wage
Macroeconomics

French And German Investors Call For Progressive Increase In Romanian Minimum Wage

The French Chamber of Commerce and Industry in Romania and the Romanian-German Chamber of Commerce are calling for a progressive increase in the minimum wage, voicing out their concern about...

Ecaterina Craciun · 22.12.2015 · 14:55 · 1 min
Survey: Two Thirds Of Executives In Romania Expect Better Economic Conditions In 2016
Companies

Survey: Two Thirds Of Executives In Romania Expect Better Economic Conditions In 2016

Two thirds of business executives in Romania expect improved economic conditions in 2016, but almost all of them see the underground economy as a problem, mainly because taxation is avoided...

Ecaterina Craciun · 18.12.2015 · 15:03 · 1 min
Macroeconomics

Romanian Parliament Approves 2016 State Budget

Romanian lawmakers on Wednesday approved the 2016 state budget plan with 309 votes in favor and 13 against.

Oana Gavrila · 16.12.2015 · 12:36 · 1 min
Romania Current Account Deficit Widens to EUR906M in January-October
Macroeconomics

Romania Current Account Deficit Widens to EUR906M in January-October

Romania’s current account balance posted a deficit of EUR906 million in January-October, compared with EUR490 million in the corresponding period last year, central bank data showed Monday.

Oana Gavrila · 14.12.2015 · 13:53 · 1 min
Romania Industrial Output Down 0.1% in October
Macroeconomics

Romania Industrial Output Down 0.1% in October

Romania’s industrial output fell 0.1% in adjusted data in October compared with September, driven by downturns in all sectors, the country’s statistics institute said Monday.

Oana Gavrila · 14.12.2015 · 09:29 · 1 min
Macroeconomics

Romania Consumer Prices Edge Up in November, Annual Inflation at -1.1%

Romanian consumer prices increased 0.31% in November compared with October, but the annual inflation rate remained in negative territory at -1.1%, data from the country's statistics institut...

Oana Gavrila · 11.12.2015 · 09:21 · 1 min
Erste: BNR May Cut Mandatory Reserves On RON Liabilities In 2016 Due To Higher Govt Funding Needs
Banks-Insurance

Erste: BNR May Cut Mandatory Reserves On RON Liabilities In 2016 Due To Higher Govt Funding Needs

Romania’s central bank may choose to lower the mandatory reserves on RON liabilities in 2016 because the liquidity in the money market might dry up in early next year due to higher governmen...

Ecaterina Craciun · 10.12.2015 · 17:58 · 2 min
Romania's Trade Gap Widens to EUR6.4B in Jan-Oct
Macroeconomics

Romania's Trade Gap Widens to EUR6.4B in Jan-Oct

Romanian imports maintained a higher growth rate than exports in January-October, widening the country's trade deficit to EUR6.4 billion, data from the country's statistics office showed Thu...

Oana Gavrila · 10.12.2015 · 09:24 · 1 min