Macroeconomics
EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years
The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years.
Romania Meets Maastricht Criteria, But Euro Adoption Shouldn’t Be Hurried
Romania has reached a macroeconomic equilibrium and it meets all the five Maastricht criteria, but the country cannot join the euro-zone in two years, central bank governor Mugur Isarescu sa...
PM Assures Taxes And Excise Duties Won’t Be Raised In 2015
Romania’s Prime Minister Victor Ponta on Wednesday said the government will not increase taxes and will keep excise duties unchanged in 2015, at this year’s level, considering that the syste...
BNR: Private Lending Inches Higher In October
Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday.
Romania To Complete 2015 Draft Budget By Friday, Send It To Parliament Dec 10- Minister
Romania’s Minster-delegate for the budget Darius Valcov on Monday said the draft state budget for 2015 will be completed by Friday, subsequently discussed with officials of the European Comm...
Surprise Q3 GDP Growth Takes Romania's Economic Growth Close To 3%
Economic growth was close to 3% nine months into the year compared with the same period of 2013, following the surprising increase in the gross domestic product in the third quarter largely...
Romania Prognosis Commission Sees GDP Growth At 2.6% In 2014, 2.5% In 2015
Romania’s prognosis commission, or CNP, estimates the country’s economic growth at 2.6% this year and at 2.5% in 2015, similar to its spring forecasts of 2.5% for this year, and 2.6% for 201...
Fiscal Council: Romania Government Needs To Find Additional Resources For 2015
Romania’s government needs to show the International Monetary Fund the resources to cover a budget revenue gap of 15 to 17 billion lei (3.4-3.8 billion euros) next year, according to Ionut D...
IMF Team To Arrive In Romania Early December For 2015 Budget Talks
A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s...