Macroeconomics
INS: Romania Industrial Sales Decline 15.4% on Month in August
Romanian industrial sales declined 15.4% in August compared with July, due to a slump in manufacturing industry sales, data from the statistics office INS showed Wednesday.
INS: Romania Average Net Salary Declines 1.9% on Month in August
The average salary in Romania declined 1.9% in nominal terms in August compared with July, to 1,813 lei (around EUR411) data from the statistics office INS showed Wednesday.
Romania 2Q GDP Growth Revised Slightly Up to 3.4% on Year
Romania's gross domestic product grew 3.4% on the year in the second quarter, a slight revision from the statistics institute's previous reading of 3.3%, the institute said Wednesday.
IMF Sees Romania GDP Growth at 3.4% This Year, 3.9% in 2016
Romania is expected to post an economic growth of 3.4% this year and 3.9% in 2016, according to the International Monetary Fund's fall World Economic Outlook report released Tuesday.
EBRD Investments In Romania Seen Down In 2015 From EUR592M Last Year
European Bank for Reconstruction and Development (EBRD) expects the value of its investments in Romania in 2015 to be lower than last year's investments of EUR592 million, Matteo Patrone, EB...
Central Bank Governor Warns Against Further Growth in Public Debt
Romanian central bank governor Mugur Isarescu has warned that further growth in public debt could be dangerous and counterproductive.
Macroeconomic Stability Is Key to Efficient Market Economy - Central Bank Gov
Maintaining financial stability is not a fad and tax cuts would be otherwise canceled out by inflation, currency depreciation and arrears, Romanian central bank Governor Mugur Isarescu told...
Romania Tax Collection Rises 7.8% on Year in Jan-Sept, RON146.58B
Romania's tax authority collected revenues of RON146.58 billion in January-September, 7.8% higher than in the same period last year and 0.8% higher than planned, due to improved collections...
INS: Romania Adjusted Retail Sales Rise 5.8% in Jan-Aug
Romanian adjusted retail sales rose 5.8% in January-August from the same period last year, due to higher sales of food items, the country’s statistics institute INS said Friday.