Macroeconomics
IMF: Romania's Lack Of Progress In Structural Reforms, Key Obstacle To Long-Term Growth
The International Monetary Fund encourages Romania to implement corporate governance and allow private sector involvement in state companies, but warns lack of modern infrastructure slows pr...
IMF Warns Romania's Fiscal Deficit Will Near 3% of GDP in 2016
The International Monetary Fund warns Romania's deficit will near 3% of gross domestic product in 2016 and will be higher than 3% of GDP in 2017 unless the country takes measures to balance...
Eurostat: Romania Had Fourth Lowest Government Debt In EU In 2014
Romania places fourth in the European Union by the lowest ratio of government debt to GDP in 2014, with 39.9%, being outranked by Estonia (10.4%), Luxembourg (23%) and Bulgaria (27%), Eurost...
ING: Romanian Central Bank Will Try To Fill IMF Role But With Limited Influence
Romania's central bank will try to fill in the International Monetary Fund's role in relation to the Government, in lack of a new IMF deal, but its influence is limited by the economic conte...
Romanian President Reserved Country Could Secure New IMF Loan Agreement
Romania's president believes there are serious reservations that Romania meets conditions to benefit from a flexible credit line agreement with the International Monetary Fund, the president...
Romanian Govt Wants To Adopt Several Tax Cuts Earlier Than Planned
Romania's ruling coalition may decide to cut several taxes, such as the tax on dividends, as of next year instead of 2017, as stipulated in the country's recently adopted tax code, Prime Min...
Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In September 2015
Romania registered the second lowest annual inflation rate in the European Union in September 2015, of -1.5%, and seventeen of the 28 Member States saw negative annual rates in September thi...
Coface Sees Romania Inflation At 0.3%, Budget Deficit At 2.5% In 2015
Coface Romania ratings agency forecasts Romania's inflation at 0.3% and a budget deficit of 2.5% of the GDP, while the economic growth is estimated at 3.3% this year.
ING: Romania Unable To Secure New IMF Agreement Ahead Of Next Year’s Elections
Romania will not be able to secure a new agreement with the International Monetary Fund (IMF) ahead of the elections in 2016, as planned by authorities, given the poor track record of review...