Macroeconomics
INS: Romania Trade Deficit Widens To EUR2B In First 4 Months
Romania’s imports grew more quickly than exports in the first four months of the year and the country’s trade deficit widened to 2.02 billion euros, the statistics office said Tuesday.
Average Net Salary In Romania Up 1.5% In April
The average salary in Romania rose 1.5% in April to 1,857 lei (around 420 euros) from RON1,829 in the previous month, data from the statistics bureau showed Monday.
Romania President Calls On PM To Resign Amid Corruption Probe. Ponta Refuses
Romania's President Klaus Iohannis has called on Prime Minister Victor Ponta to resign amid accusations of fraud, money laundering and tax evasion put forth by anticorruption prosecutors. Po...
Housing Construction Up 11.6% In First Quarter
Romanian housing construction was up 11.6% on the year to 9,232 units in the first quarter, mostly fueled by rising investment in urban areas, the country’s statistics institute INS said Fri...
Industry, Retail, Telecom Sectors Helped Romania’s 1Q GDP Grow 4.3% On Year
The strong activity in retail, industry and the communication sectors had the major contributions to Romania’s above-expectations economic growth in the first quarter of the year, data from...
Romania Prepares New Eurobond For Fall
Romania’s Finance Ministry has prepared the documentation for the country’s first Eurobond of the year, but it waits for the right market conditions, and will most likely launch the sale in...
Isarescu: Romania Still Has Steps To Take Before Euro Adoption
Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isaresc...
Romania 1Q Net Investment Up 8.5% To RON11.9B
Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistic...
INS: Romania Retail Sales Resume Growth In April
Domestic consumption in Romania returned to growth in April, after surprising falls in the previous months, official data showed Thursday.