Macroeconomics
Romanian President Signs Public Sector Wage Raise Bill Into Law
Romanian President Klaus Iohannis on Tuesday signed off on a bill raising wages across the public sector by 10%.
KPMG: Romania’s VAT Standard Rate To Remain Among World’s Highest Even After Planned Cut To 20%
The standard VAT rate in Romania is among the highest in the world and will still be placed in the first fifth of the global ranking even after its planned cut to 20% starting January 1, 201...
ZF Energy 2015 Yearbook
Ziarul Financiar launches ZF Energy 2015, the fourth annual edition of the Energy Yearbook, a project encompassing statistics, analyses and outlooks on the evolution of the oil, natural gas...
Romania's 2016 Budget Drafted on 2.95% ESA Deficit, 4.1% Economic Growth
Romania's state budget for 2016, drafted by the country's former government, is built on an ESA deficit of 2.95% of gross domestic product and a cash deficit of 2.8% of GDP, and considers ec...
Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In October 2015
Romania registered the second lowest annual inflation rate in the European Union in October 2015, of -1.4%, and thirteen of the 28 Member States saw negative annual rates in October this yea...
Romania Current Account Deficit Narrows 44% in Jan-Sept, to EUR653M
Romania’s current account balance posted a deficit of EUR653 million in the first nine months, 44% lower than the EUR1.17 billion deficit posted in the same period last year, central bank da...
Eurostat: Romania 3Q GDP Rises At Fastest Pace In EU Quarter To Quarter
The Romanian economy grew at the fastest pace in the European Union in the third quarter, with 1.4%, compared to the second quarter, and at the second-fastest pace compared to the third quar...
Romania's GDP Grows 3.6% on Year in 3Q
Romania's gross domestic product grew 3.6% in the third quarter compared with the third quarter of 2014, a flash estimate from the country's statistics institute showed Friday.
ING Cuts Romania's Inflation Forecast For 2015 And 2016
ING cut its forecast on the inflation rate in Romania to -0.7% from -0.5% in 2015, and also revised its forecast to 1.2% from 1.4% for end-2016 and to 2.7% from 2.1% end-2017, mainly on the...