Macroeconomics
Romania 2013 GDP Growth Revised Slightly Down To 3.4%
Romania’s gross domestic product grew 3.4% in 2013 compared with the previous year to 637.58 billion lei (EUR144.2 billion), according to semi-definitive data released Tuesday by the country...
Romania’s Fiscal Council Says 2015 Budget Revenue Overestimated
Romania’s Fiscal Council says the fiscal revenue is overestimated by 2.35 billion lei (), or 0.33% of the gross domestic product, in the 2015 budget draft, while the investment expenditure w...
INS: Romania Unemployment Rate Down To 6.5% In 3Q
Romania's unemployment rate dropped to 6.5% in the third quarter, from 6.7% in the second quarter, to 615,000 unemployed people, the statistics institute INS said Friday.
Romania FDI Down To EUR1.6B In First Ten Months
Romanian foreign direct investment, or FDI, went down to EUR1.59 billion in January to October, from EUR1.82 billion in the year-ago period, the central bank said Monday.
BNR: Romania Current Account Deficit Narrows To EUR263M In January-October
Romania's current account balance posted a deficit of EUR263 million in the first ten months of 2014, compared with EUR675 million in the same period a year ago, mainly due to a wider servic...
Fiscal Council: Certain Revenue Hike In 2015 Budget Overvalued, Expenses Underestimated
The Fiscal Council representatives estimate that the increase of certain categories of revenue in the 2015 draft budget are overvalued, while other expenses are underestimated, and that doub...
Romania Industrial Output Rises In October
Romanian adjusted industrial production went up 0.5% in October compared with the previous month, on higher output in all sectors, the country’s statistics institute INS said Friday.
Romania Envisages 24% Higher Investment Expenditures In 2015, Of RON44.8B
Romania budgeted investment expenditures of RON44.76 billion for 2015, up 24% from the level forecasted for 2014, according to the draft budget published by the Finance Ministry Thursday.
Government Freezes Public Sector Wages Except For Slight Raises In Education, Healthcare
Public sector wages will be frozen in 2015 at this year's level, except for teaching staff, whose wages will be raised by up to 10% in two steps, and healthcare staff under certain condition...