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Macroeconomics

IMF Helped Romania Develop Consistent Policies, Isarescu Says

The International Monetary Fund helped Romania develop a mix of “consistent” policies, working as an aggregator between different institutions, central bank governor Mugur Isarescu said Wedn...

Bogdan Neagu · 20.05.2015 · 15:04 · 1 min
Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default
Banks-Insurance

Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default

Radu Gratian Ghetea, who is due to retire from his position as CEC Bank president after eight years, says the most difficult moment of his entire 43-year career in the banking sector was the...

Loredana Frățilă-Cristescu · 18.05.2015 · 09:52 · 2 min
Foreign Investment In Romania Up To EUR885M In First Quarter
Macroeconomics

Foreign Investment In Romania Up To EUR885M In First Quarter

Romanian foreign direct investment, or FDI, rose to 885 million euros in January to March, from EUR570 million in the same period of 2014, data from the central bank showed Friday.

Bogdan Neagu · 15.05.2015 · 12:59 · 1 min
Romania Current Account Posts EUR406M Surplus In 1Q
Macroeconomics

Romania Current Account Posts EUR406M Surplus In 1Q

Romania's current account balance posted a surplus of 406 million euros after the first quarter, up from EUR285 million at the end of February, central bank data showed Friday.

Bogdan Neagu · 15.05.2015 · 12:53 · 1 min
EBRD: Romania’s Economic Growth In 2015 Among Highest In Emerging Europe
Macroeconomics

EBRD: Romania’s Economic Growth In 2015 Among Highest In Emerging Europe

Romania is expected to see among the highest growth in emerging Europe, amid stronger economic environment in the Eurozone, according to the latest Regional Economic Prospects report release...

Bogdan Neagu · 14.05.2015 · 15:29 · 1 min
Macroeconomics

Romania’s Construction Works Up In March; 1Q Output Rises 12.5%

Romania’s construction sector remained on a positive trend in March, concluding one of the best quarters for the industry in recent years.

Bogdan Neagu · 13.05.2015 · 11:44 · 1 min
Macroeconomics

Romania's Economy Grows Above Expectations In First Quarter

Romania’s gross domestic product grew 1.6% in real terms in the first quarter compared with the previous three-month period, a flash estimate of the country’s statistics institute INS said W...

Bogdan Neagu · 13.05.2015 · 10:50 · 1 min
Macroeconomics

Romania’s Inflation Slows Down To 0.7% In April

Romanian consumer prices rose 0.1% in April from a month earlier, but the annual inflation slowed down to 0.7%, the country’s statistics institute INS said Tuesday.

Bogdan Neagu · 12.05.2015 · 10:00 · 1 min
INS: Romania's Power Output Up 4.5% In First Quarter
Macroeconomics

INS: Romania's Power Output Up 4.5% In First Quarter

Romanian electricity output rose 4.5% on the year to 17 billion kilowatt-hours in the first quarter of 2015, fueled by higher production in the renewable energy sector, official data showed...

Bogdan Neagu · 12.05.2015 · 10:00 · 1 min