Macroeconomics
Romania's Forex Reserves Rose Slightly In March To EUR30.6B
Romanian foreign exchange reserves rose by 117 million euros to EUR30.6 billion in March, from EUR30.48 billion in the previous month, central bank data showed Wednesday.
Tourist Arrivals In Romania Up 9.1% On Year In February
Arrivals at Romanian tourism accommodation establishments rose 9.1% in February from the year-earlier month, while overnight staying increased 12.7% on the year, data from the statistics ins...
Isarescu: Policy Easing Not Limited To Rate Cuts
The monetary policy is not defined only by the key rate, but also includes the minimum requirement ratios and the interest rates for other facilities of the central bank, Romania’s central b...
BNR Cuts Key Rate By 25 Bps To Record Low 2%
Romania’s central bank on Tuesday lowered its main monetary policy rate by 25 basis points to a new record low of 2%, in a largely expected move, the sixth rate cut in the current reduction...
INS: Romania Unemployment Rate Down To 6.4% In February
Romania's unemployment rate was down to 6.4% in February, from 6.5% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Analysts Expect New Rate Cut From Romania’s Central Bank
Romania’s central bank is likely to lower its main monetary policy rate by 25 basis points to a record low of 2% in its Tuesday board meeting, the last rate cut in the current cycle, accordi...
INS: Romanian Executives See Economic Rebound In Spring Season
Romanian managers predict activity in all economic sectors will grow over the March-May period compared with the previous three months, the statistics institute INS said in a survey released...
Romania Issued More Housing Permits In February
Romanian housing permits went up 34.3% to 2,249 units in February, from 1,647 units a month earlier, the country’s statistics institute INS said Monday.
IMF: Romania Has No Room For Tax Cuts Unless Collection Is Improved
Romania has no room to lower taxes unless it improves tax collections and revenue administration, according to the report approved by the IMF board after consultations with Romanian authorit...