Macroeconomics
EBRD May Explore Opportunities To Support Banking Sector Consolidation In Romania
The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting th...
Romanian Executives See Growth In Manufacturing And Services, Slump In Constructions
Romanian managers estimate moderate growth in activity in the manufacturing industry and services in September-November, the statistics institute INS said in a survey released Monday.
Analysts’ Pessimism About The Romanian Economy Deepens
Analysts’ confidence in the economy weakened further as Romania entered technical recession and amid local political tensions, with both the perception about current conditions and expectati...
Romania’s Budget Deficit Slightly Up To 0.24% Of GDP In August
Romania’s government deficit slightly rose to 0.24% of the gross domestic product after the first eight months, from 0.2% of GDP at the end of July, as budget spending continued its downward...
Romania Private Lending Decline Stops In August
Romanian private lending inched up 0.2% in real terms in August, after a 0.7% fall in July, fueled by a increase in leu loans while foreign currency lending extended its decline.
Romania Unemployment Rate Down To 6.7% In 2Q
Romania's unemployment rate fell to 6.7% in the second quarter, from 7.2% in the previous quarter, the statistics institute INS said Tuesday.
BNR: Romania FDI Down 13.8% To EUR1.3B In January-July
Romanian foreign direct investment, or FDI, fell 13.8% to EUR1.3 billion in the first seven months of the year, the central bank said Friday.
Romania Posts EUR781M Current Account Deficit In January-July
Romania's current account balance posted a deficit of EUR781 million in the first seven months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data...
Romania’s Construction Output Extends Decline In July
The recession in Romania’s constructions sector continued in July as public investments are mostly lacking and private investments are unable to offset the deficit in mojaro infrastructure w...