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Romania Trade Deficit Widens To EUR2.6B In First 5 Months
Macroeconomics

Romania Trade Deficit Widens To EUR2.6B In First 5 Months

Romania’s imports grew more quickly than exports in the first five months of the year and the country’s trade deficit widened to 2.57 billion euros, the statistics office said Friday.

Bogdan Neagu · 10.07.2015 · 10:00 · 1 min
Macroeconomics

Romania Mulls Budget Deficit Of 1.2% Of GDP In 2016 If Finding Measures To Offset Tax Code Impact

Finance Minister Eugen Teodorovici said Tuesday that the Romanian government plans to keep the budget deficit at around 1.2% of the GDP in 2016, as agreed with the international financial in...

Gabriela Stan · 07.07.2015 · 17:55 · 1 min
INS: Romania Industrial Sales Rise 1.5% In May Vs April
Macroeconomics

INS: Romania Industrial Sales Rise 1.5% In May Vs April

Romanian industrial sales rose 1.5% in May compared with the previous month, after a 7.2% decline in April, data released by the statistics institute INS showed Tuesday.

Bogdan Neagu · 07.07.2015 · 10:29 · 1 min
Manufacturing Industry In Romania Receives Less Orders In May
Macroeconomics

Manufacturing Industry In Romania Receives Less Orders In May

Romania’s industrial sector received less orders in May compared with the previous month, after a 5.7% decline in April, data released by the country’s statistics institute INS showed Tuesda...

Bogdan Neagu · 07.07.2015 · 10:17 · 1 min
Romania’s 1Q GDP Growth Revised Slightly Down
Macroeconomics

Romania’s 1Q GDP Growth Revised Slightly Down

Romania’s economy grew 1.5% in the first quarter against the previous three-month period, according to revised seasonally-adjusted data from the statistics institute INS released Tuesday.

Bogdan Neagu · 07.07.2015 · 10:00 · 1 min
Average Net Salary In Romania Down 2.7% In May
Macroeconomics

Average Net Salary In Romania Down 2.7% In May

The average salary in Romania fell 2.7% in May to 1,806 lei (around 400 euros) from RON1,857 in the previous month, data from the statistics office showed Tuesday.

Bogdan Neagu · 07.07.2015 · 10:00 · 1 min
Romania Has 454,000 Companies With EUR250B Revenue; Half Of It Comes From 1,200 Companies
Companies

Romania Has 454,000 Companies With EUR250B Revenue; Half Of It Comes From 1,200 Companies

• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and w...

Bogdan Neagu · 06.07.2015 · 10:48 · 4 min
INS: Romania Retail Sales Down In May Vs April
Macroeconomics

INS: Romania Retail Sales Down In May Vs April

Domestic consumption in Romania couldn’t find its footing in May, after it returned to growth in the previous month, official data showed Friday.

Bogdan Neagu · 03.07.2015 · 10:02 · 1 min
INS: Romanian Industrial Producer Prices Up 0.2% In May
Macroeconomics

INS: Romanian Industrial Producer Prices Up 0.2% In May

Romania’s industrial producer price index went up 0.2% in May, after a 0.5% decline in the previous month, the country’s statistics institute INS said Thursday.

Bogdan Neagu · 02.07.2015 · 10:00 · 1 min