Macroeconomics
Romanian Cabinet Approves 2016 State Budget Plan
Romania's government on Wednesday approved the state budget plan for next year, which targets a budget deficit of 2.8% of gross domestic product and considers an economic growth projection o...
Fiscal Council: Romania’s Economic Growth May Peak In 2016, Likely To Slow Down Toward 3.5% In 2017
Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption...
Fiscal Council Sees Inflation at 2.5%-3% As Effects of VAT Cut Wear Off
Romania's inflation rate is seen dropping to below -2 early next year from the current -1.6% but will rise again to reach 2.5%-3% once the effects of the cut in value-added tax wear off, acc...
Dumitru, Fiscal Council: Government Should Focus On Few, Clearly Communicated Projects
The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and...
Romania Manufacturing Industry Orders Rise 4.2% in October
Romania's manufacturing industry received 4.2% more orders in October compared with September, after a growth of 24.8% in September, data from the statistics office showed Tuesday.
Romania Industrial Sales Rise 2.2% January-October
Romanian industrial sales posted an annual growth of 2.2% in January-October, driven by growth in manufacturing, data from the statistics office showed Tuesday.
Net Average Salary in Romania Rises 2.1% in October
The average net salary in Romania increased 2.1% in October compared with September, to 1,871 lei (around EUR418.5), data from the statistics office showed Tuesday.
Erste: Romania Central Bank Likely To Keep Key Rate At Record Low Of 1.75% Until 4Q/2016
The fiscal relaxation and the economic growth may cause Romania’s central bank to increase its main monetary policy rate in the fourth quarter of 2016, according to analysts of Austria’s Ers...
Minister: Romania Boasts About Economic Growth Without Development
Romania "boasts in statistics" about economic growth without development, which eats up resources and makes believe it is a positive dynamic, but, in fact, it is useless, Vasile Dancu, Minis...