Macroeconomics
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...
Romania Forex Reserves Rose Slightly To EUR31B In September
Romanian foreign exchange reserves stood at EUR31.06 billion at the end of September, a tad higher than EUR30.87 billion in the previous month, central bank data showed Wednesday.
Tourist Arrivals In Romania Up 8.2% On Year In August
Arrivals at Romanian tourism accommodation establishments rose 8.2% in August from the year-earlier month, while overnight staying increased 5.5% on the year, data from the statistics instit...
Isarescu: Future Key Rate Cuts Will Depend On Inflation Outlook
Romania’s central bank will thoroughly analyze any further rate cut, as the evolution of inflation over a medium term is still uncertain, but the reduction of minimum requirements will conti...
BNR Revises Slightly Down Romania's 2013 FDI To EUR2.71B
Romania’s central bank has revised slightly downwards foreign direct investment data for 2013 to 2.712 billion euro, from EUR2.14 billion in the previous year, the bank said in a news releas...
Fiscal Council Says Government's VAT Collection Estimate Of Extra RON544.8M Unrealistic
Romania's Fiscal Council on Tuesday said the government’s revised estimate for VAT collections is unrealistic, considering collections in July and August, adding the more cautious approach w...
Romania Central Bank Cuts Key Rate To 3% From 3.25%
Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s e...
Romania Housing Permits Down To 3,618 In August
Romanian housing permits went down 5% to 3,618 units in August, from 3,807 units a month earlier, the country’s statistics institute INS said Tuesday.
INS: Romania Unemployment Rate Stable A 7.1% In August
Romania's unemployment rate was stable at 7.1% in August, seasonally adjusted data from the statistics institute INS showed Tuesday.