Macroeconomics
INS: Romania Housing Permits Rise 5.2% in Jan-Sept
Romania issued 30,540 housing construction permits in January-September 2015, 5.2% more than in the same period in 2014, the statistics institute INS said Wednesday.
INS: Romanian Executives See Stability In Manufacturing, Retail In Oct-Dec
Romanian business executives expect stable activity in manufacturing and retail in October-December 2015 and see moderate decline in activity and staff numbers in constructions, the statisti...
Romanian Government Adopts Previously Postponed Tax Cuts
Romania's government on Tuesday adopted an emergency decree bringing forward to 2016 several tax cuts planned for 2017, the country's Finance Minister Eugen Teodorovici said
Romania Posts Budget Surplus of 0.87% of GDP In Jan-Sept
Romania's consolidated budget posted a surplus of 6.1 billion lei (EUR1.37 billion), or 0.87% of the gross domestic product, in January-September, from a surplus of RON400 million in the sam...
EC Is Less Optimistic Than Romanian Government On Tax Collection Capacity - Filote
European Commission is less optimistic than the Romanian government as regards the tax collection capacity following the fiscal relaxation measures and will watch closely every measure, said...
Eurostat: Romania’s Government Debt Down To 38% Of GDP In 2Q, From 38.4% In 1Q
Romania’s government debt fell 0.4 percentage points to 38% of the gross domestic product, or RON259.48 billion, in the second quarter of 2015, from 38.4% in the first quarter, Eurostat data...
Romania Revises 2015 Budget, Keeps Deficit Target at 1.85% of GDP
Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the defic...
Agriculture, Regional Development, EU Funds, Finance Ministries To Get Most Funds At Budget Revision
The ministries of Agriculture, Regional Development, EU Funds and Finance will receive the bulk of funds at this year’s second budget revision to be operated Friday, in government’s special...
IMF Says Romania Shouldn't Ease Monetary Policy Further
The International Monetary Fund says Romania should not ease its monetary policy further immediately, given the expansionary fiscal stance in 2016, rapid growth in wages and lingering uncert...