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Romania’s 1Q Industrial Production Up 3.2%
Macroeconomics

Romania’s 1Q Industrial Production Up 3.2%

Romania’s industrial production went up in the first quarter, fueled by a good performance of the manufacturing industry, data released by the country’s statistics institute INS showed Tuesd...

Bogdan Neagu · 12.05.2015 · 10:00 · 1 min
Romania Trade Deficit Widens To EUR1.37B In First Quarter
Macroeconomics

Romania Trade Deficit Widens To EUR1.37B In First Quarter

Romania’s imports grew more quickly than exports in the first quarter of the year and the country’s trade deficit widened to 1.37 billion euros, the statistics office said Monday.

Bogdan Neagu · 11.05.2015 · 10:00 · 1 min
Isarescu Doesn’t Believe in Euro-Zone Accession Without A Roadmap
Macroeconomics

Isarescu Doesn’t Believe in Euro-Zone Accession Without A Roadmap

Building a roadmap for Romania’s euro-zone accession is even more important than the target date, while the lack of the roadmap makes discussions about January 1, 2019 pointless, central ban...

Bogdan Neagu · 08.05.2015 · 17:34 · 1 min
Romania Still Needs IMF-EU Partnership - Central Bank Head
Macroeconomics

Romania Still Needs IMF-EU Partnership - Central Bank Head

Romania should continue its partnerships with international financial institutions, which ensure credibility and help lowering the country’s borrowing costs, central bank governor Mugur Isar...

Bogdan Neagu · 08.05.2015 · 15:50 · 1 min
Romania’s Central Bank Sees Inflation Rising To 1.9% By End-2016
Macroeconomics

Romania’s Central Bank Sees Inflation Rising To 1.9% By End-2016

Romania’s central bank sees the inflation rate slowing down to zero by the end of 2015, but the consumer prices are expected to rise in the second half of next year, according to the latest...

Bogdan Neagu · 08.05.2015 · 12:16 · 1 min
Manufacturing Industry Gets More Orders In March
Macroeconomics

Manufacturing Industry Gets More Orders In March

Romania’s industrial sector received more orders in March compared with the previous month, after a 3.9% decrease in February, data released by the country’s statistics institute INS showed...

Bogdan Neagu · 08.05.2015 · 10:33 · 1 min
INS: Romania March Industrial Sales Up 13.1% Vs February
Macroeconomics

INS: Romania March Industrial Sales Up 13.1% Vs February

Romanian industrial sales rose 13.1% in March compared with the previous month, supported by growth in all sectors, data released by the statistics institute INS showed Friday.

Bogdan Neagu · 08.05.2015 · 10:26 · 1 min
Average Net Salary In Romania Up 5.7% In March
Macroeconomics

Average Net Salary In Romania Up 5.7% In March

The average salary in Romania rose 5.7% in March to 1,829 lei (around 415 euros) from RON1,731 in the previous month, data from the statistics bureau showed Thursday.

Bogdan Neagu · 07.05.2015 · 10:00 · 1 min
Isarescu: Lower Requirements Will Free Up RON3B
Macroeconomics

Isarescu: Lower Requirements Will Free Up RON3B

Romanian banks will have available for lending an additional 3 billion lei (EUR675 million) after the two-percentage point cut of the minimum reserve requirement ratio for leu deposits adopt...

Bogdan Neagu · 06.05.2015 · 16:35 · 1 min