Macroeconomics
Romania Retail Sales Up 5% In First Half
Domestic consumption remained one of the major drivers of Romania’s economy in the first half of 2015, with retail sales growing almost 5% compared with the similar period of last year, offi...
Romania's Forex Reserves Fell To EUR29.1B In July
Romanian foreign exchange reserves fell by 959 million euros in July, as the country repaid a euro-denominated bond issue, central bank data showed Monday.
Tourist Arrivals In Romania Up 14.5% In First Half
Arrivals at Romanian tourism accommodation establishments rose 14.5% in the first six months from the year-earlier period, while overnight staying increased 14.3% compared with January-June...
Finance Minister: VAT Cut On Food Items Had Positive Impact Over State Budget
The impact of the VAT cut to 9% on food items as of June 1 was a positive one, bringing RON400 million to the state budget, although the government estimated a negative impact of RON500 mill...
INS: Romania Unemployment Rate Down To 7% In June
Romania's unemployment rate fell slightly to 7% in June, from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Friday.
Romania Housing Permits Up 3.1% In First Half
Romanian housing permits went up 3.1% to 18,299 units in the first six months of the year, the country’s statistics institute INS said Wednesday.
Government Approves This Year's First Budget Revision
Romania's government approved this year's first budget revision Tuesday, as proposed by the Finance Ministry.
INS: Romanian Executives Expect Growth In All Sectors In 3Q
Romanian managers expect the activity in all economic sectors will grow over the July-September period compared with the previous three months, the statistics institute INS said in a survey...
CFA Romania: Macroeconomic Confidence Index Down In June, From All-Time High In May
The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) fell to 70.8 points in June, from an all-time high of 77.1 points in May, due to ex...