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Romania FDI Up 27.3% To EUR1.42B In January-August
Macroeconomics

Romania FDI Up 27.3% To EUR1.42B In January-August

Romanian foreign direct investment, or FDI, rose 27.3% to EUR1.42 billion in the first eight months of the year, the central bank said Tuesday.

Bogdan Neagu · 14.10.2014 · 15:02 · 1 min
BNR: Romania Current Account Deficit Widens to EUR945M In January-August
Macroeconomics

BNR: Romania Current Account Deficit Widens to EUR945M In January-August

Romania's current account balance posted a deficit of EUR945 million in the first eight months of 2014, wider than in the same period a year ago, mainly due to a wider income deficit, centra...

Bogdan Neagu · 14.10.2014 · 14:52 · 1 min
Romania To Raise Gross Minimum Wage In January To RON975 From RON900
Social/Politics

Romania To Raise Gross Minimum Wage In January To RON975 From RON900

Romania will raise the gross minimum wage to RON975 as of January 1, 2015, from the recurrent RON900, Labor Minister Rovana Plumb said Monday at the Mediafax Talks about Private Pensions con...

Oana Gavrila · 13.10.2014 · 11:21 · 1 min
Romania January-August Power Output Up 1.4% On Year
Macroeconomics

Romania January-August Power Output Up 1.4% On Year

Romanian energy output rose 1.4% on the year to 14.55 million tons of oil equivalent in the first eight months of 2014, fueled by higher production in most sectors, official data showed Wedn...

Bogdan Neagu · 10.10.2014 · 10:46 · 1 min
Macroeconomics

INS: Romania Industrial Output Falls In August

Romanian adjusted industrial production fell 2.7%in August compared with a month earlier, on lower output in the manufacturing and mining sectors, the country’s statistics institute INS said...

Bogdan Neagu · 10.10.2014 · 10:31 · 1 min
Romania Inflation Rate Rises To 1.5% In September
Macroeconomics

Romania Inflation Rate Rises To 1.5% In September

Romanian consumer prices inched up 0.1% in September from a month earlier, but the annual inflation almost doubled to 1.54%, the country’s statistics institute INS said Friday.

Bogdan Neagu · 10.10.2014 · 10:17 · 1 min
Romania Exports Slow Down In August; But Trade Deficit Widens In First 8 Months
Macroeconomics

Romania Exports Slow Down In August; But Trade Deficit Widens In First 8 Months

Romania’s exports rose more rapidly than imports in the first eight months compared with the year-earlier period, but the trade deficit still widened slightly, the country’s statistics insti...

Bogdan Neagu · 10.10.2014 · 10:00 · 1 min
Banks-Insurance

Fifth BNR Board After 1989 Starts Term With Euro Adoption As Main Goal

The five-year term of the current Board of Directors of Romania’s central bank (BNR) is coming to an end, so a new board comprising new and already existing members will take over next week...

Loredana Frățilă-Cristescu · 09.10.2014 · 22:41 · 2 min
Romania’s Construction Output Up On The Month In August
Macroeconomics

Romania’s Construction Output Up On The Month In August

Romania’s construction output rose in August compared with the previous month, but it still is much lower than last year, official data showed Thursday.

Bogdan Neagu · 09.10.2014 · 10:00 · 1 min