Macroeconomics
BNR: Romania Private Lending Rises In May
Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday.
CFA Romania: Confidence In Romanian Economy Hits All-Time High In May
CFA Romania's macroeconomic confidence index reached an all time high of 77.1 in May, 6.4 points higher than in April, driven by the current conditions index (64.5) and the expectations inde...
FinMin: Romania Will Keep Budget Deficit Below 3% Of GDP In 2016 After Tax Cuts
Romania’s budget deficit will be higher than the target agreed with the international financial institutions next year, but still below the cap of 3% of the gross domestic product allowed by...
IMF, EU Warn Fiscal Deficit Will Slip If Romania Introduces New Tax Code
The introduction of the current form of the Tax Code in Romania starting next year will create a significant fiscal deficit, which could prove difficult to correct, according to the represen...
INS: Romania Unemployment Rate Up To 7.4 In 1Q
Romania's unemployment rate rose to 7.4% in the first quarter, from 6.7% in the last quarter of 2014, the statistics institute INS said Tuesday.
EY Eurozone Forecast: Domestic Consumption Is Romania's Main Growth Driver
Consumer spending in Romania is registering its highest growth rate since 2008 and is the main driver of economic development, according to the 2015 EY Eurozone Forecast.
BNR: We’ll Intervene If Greece Introduces Capital Controls
Tension is mounting on the Romanian financial market, too, as Greek banks control 12% of the local banking assets, now that the crisis in Athens has reached that point where capital controls...
Romania 1Q Labor Costs Rise At 2nd Fastest Pace In EU
Total hourly labor costs in Romania rose 7.1% on the year in January-March, the second largest increase in the European Union, official data showed Thursday.
Investors Take A Glimpse At Romania Economy And Capital Market. Would They Come Up With Money?
The Bucharest Stock Exchange (BVB) organized one to one meetings between the Romanian listed companies and foreign investors during Business Investors Days, a two-day event ended Wednesday a...