Macroeconomics
Romania Stands Every Chance Of Seeing 5%-6% Economic Growth Over Next Decade
Romania is headed in the right direction and an economic growth of 5% to 6% is doable, said executives of some of the largest companies in the country, but also key representatives of govern...
Economy Ministry Official: Romania’s Economy Saw Fastest Growth Rate In Years In First Quarter
Romania’s economy grew 4% in the first quarter, which is the fastest growth rate over the last years, Maricel Popa, state secretary at the Ministry of Economy, Commerce and Tourism, said Wed...
Romania To Hit Economic Boom In 2018-2019, Analyst Says
Romania is in the first stage of a new economic cycle since 2014 and statistics show the country is on a path of solid and sustainable growth, financial analyst Ionel Blanculescu said Wednes...
Romania Private Lending Extends Decline In April
Romanian private lending extended its decline in April, falling 0.3% in real terms against the previous month, after a similar decrease in March, central bank data showed Wednesday.
ZF Construction & Infrastructure ’15: One Euro Spent In Construction Generates Three In Economy
The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recove...
Romania Budget Surplus Rises In April
Romania’s consolidated budget posted surplus of 5.96 billion lei (EUR1.35 billion) in the first four months of the year, compared with a RON1.88 billion deficit in the same period of 2014, F...
Romania Central Bank Has No QE Program, Uses Reserves To Raise Market Liquidity
Romania’s central bank has not jumped the quantitative easing bandwagon, but it increased the market liquidity by cutting the minimum reserve requirement ratios, according to governor Mugur...
Big IMF Loan Helped Romania Lower Risk Costs, Central Bank Head Says
Romania’s central bank governor said he wanted the country to borrow less from the International Monetary Fund back in 2009, but the 20 billion-euro bailout package provided enough cushion a...
Exposure Of “Vienna Initiative” Banks Down By 30% In Six Years
The nine foreign bank groups part of the “Vienna Initiative” in the spring of 2009 reduced their exposure by 29% in six years. The decline of the exposure in nominal terms stood at about nin...