Macroeconomics
BNR: Romania FDI Up To EUR409M In First Two Months
Romanian foreign direct investment, or FDI, rose to 409 million euros in January to February, from EUR282 million in the same period of 2014, data from the central bank showed Friday.
Romania Current Account Surplus Widens To EUR285M In Jan-Feb
Romania's current account balance posted a surplus of 285 million euros after the first two months, compared with EUR201 million in the same period a year ago, amid a larger goods and servic...
Romania’s Annual Inflation Up To 0.8% In March
Romanian consumer prices rose 0.4% in March from a month earlier, on increases across the board, and the annual inflation jumped to 0.8%, the country’s statistics institute INS said Friday.
Romania To Join Euro-Area After 2020, Analysts Say
Romania will join the euro-zone no sooner than 2020, most economist say, as the deadline announced by the local authorities, 2019, is mainly formal without a clear strategy and agenda.
Romania's Power Output Increased In First Two Months
Romanian electricity output rose 3.2% on the year to 11.38 billion kilowatt-hours in the first two months of 2015, fueled by higher production in the hydropower sector, official data showed...
INS: Romania’s Industrial Production Rises In February
Romania’s industrial production went up in February compared with the same period of 2014, although it stagnated against the previous month, data released by the country’s statistics institu...
Romania Trade Deficit Narrows To EUR563.3M In First Two Months
Romania’s exports rose more quickly than imports in the first two months of the year and the country’s trade deficit slightly narrowed to 563.3 million euros, the statistics office said Thur...
European Commission Voices Concerns Over Romania’s Planned VAT Cut
The European Commission is concerned about the Romanian Government’s plan to reduce VAT rates which are expected to have a substantial negative fiscal effect, EC Vice-President Valdis Dombro...
Impact Over The Budget Of VAT Cut At RON18.25B By 2018
The Romanian government estimates the VAT cut to 9% for food products will have an impact over the budget of 18.25 billion lei (EUR4.13 million) by 2018, covered by the additional revenues c...