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INS: Romania Unemployment Rate Stays Flat at 6.8% in August
Macroeconomics

INS: Romania Unemployment Rate Stays Flat at 6.8% in August

Romania's unemployment rate stood at 6.8% in August 2015, the same as in July 2015 and August 2014, seasonally adjusted data from the country's statistics institute INS showed Wednesday.

Oana Gavrila · 30.09.2015 · 10:00 · 1 min
Macroeconomics

INS: Romanian Managers Expect Moderate Growth in Retail, Services in Sept-Nov

Romanian business executives expect moderate growth in retails and the services industry in September-November compared with the previous three months, the statistics institute INS said in a...

Oana Gavrila · 28.09.2015 · 10:00 · 1 min
Macroeconomics

Romania Posts Budget Surplus of 0.92% of GDP in Jan-Aug

Romania's consolidated budget posted a surplus of 6.46 billion lei (EUR1.46 billion) in January-August, from a deficit of RON1.6 billion in the same period last year, finance ministry data s...

Oana Gavrila · 28.09.2015 · 09:46 · 1 min
Macroeconomics

INS: Romania Unemployment Rate at 6.8% in 2Q

Romania's unemployment rate stood at 6.8% in the second quarter, down from 7.4% in the first quarter, data from the statistics institute INS showed Tuesday.

Oana Gavrila · 22.09.2015 · 10:00 · 1 min
Romania Avg 2015 Salary Growth Forecast Revised Up To 7.2% From 6.5%
Macroeconomics

Romania Avg 2015 Salary Growth Forecast Revised Up To 7.2% From 6.5%

Romania's National Prognosis Commission has revised this year's forecast average gross salary from RON2,426 to RON2,496, expecting a growth of 7.2% instead of the previously seen 6.5%, while...

Oana Gavrila · 18.09.2015 · 15:53 · 1 min
Romania Prognosis Commission Revises Inflation Forecast To -0.7% From 0.7%
Macroeconomics

Romania Prognosis Commission Revises Inflation Forecast To -0.7% From 0.7%

Romania's National Prognosis Commission has revised this year's annual inflation rate to minus 0.7% from a previous forecast of 0.7%, and to 1.8% from 2.8% previously expected.

Oana Gavrila · 18.09.2015 · 15:14 · 1 min
Romania Revises 2015 Economic Growth Forecast to 3.4% from 3.3%
Macroeconomics

Romania Revises 2015 Economic Growth Forecast to 3.4% from 3.3%

Romania's National Prognosis Commission has revised this year economic growth forecast up to 3.4% from a previous forecast of 3.3% and next year's GDP growth to 4.1% from 3.4%, the commissio...

Oana Gavrila · 18.09.2015 · 14:00 · 1 min
Romania's IMF Agreement Ends On Sept 26 With Mixed Results
Macroeconomics

Romania's IMF Agreement Ends On Sept 26 With Mixed Results

Romania's precautionary EUR4 billion agreement with the International Monetary Fund, European Commission and the World Bank ends on September 26, as the country has reached its economic indi...

Oana Gavrila · 17.09.2015 · 14:25 · 1 min
Romania Needs Realistic Euro Adoption Target, 2019 Unfeasible - Central Bank Official
Banks-Insurance

Romania Needs Realistic Euro Adoption Target, 2019 Unfeasible - Central Bank Official

Romania needs to draw up a policy calendar, integrate it into a roadmap and come up with a realistic term for euro adoption, central bank deputy governor Bogdan Olteanu said Wednesday, addin...

Oana Gavrila · 17.09.2015 · 12:30 · 1 min