Macroeconomics
INS: Romania Unemployment Rate Inches Down To 7.1% In April
Romania's unemployment rate inched lower to 7.1% in April, from 7.2% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Romanian Producer Prices Rise in April
Romania’s industrial producer price index rose 1.2% on average in April compared with a month earlier, mainly on higher prices in the energy sector, the country’s statistics institute INS sa...
Tourist Arrivals In Romania Up 3.7% On Year In April
Arrivals at Romanian tourism accommodation establishments rose 3.7% in April from the year-earlier month, while overnight staying increased 10.9% on the year, data from the statistics instit...
Carrefour: Consumption Trend, A Nice Surprise In 2014
Consumption gave real signs of a rebound in 2014, with visible effects both in stores and in Bucharest’s old town, as well as in real estate, says Jean Baptiste Dernoncourt, the head of Carr...
Romania Consumer Confidence Rises At 5th Fastest Pace In Europe - Nielsen
Consumer confidence in the Romanian economy rose at the fifth fastest pace in Europe during the first quarter, a survey from market researcher Nielsen showed Friday.
Romania To Cut Social Security Tax By 5 Pct Points In July - FinMin
Romania will lower the social security tax rate by five percentage points as of July 1, Finance Minister Ioana Petrescu said Thursday.
Romania's Flat Tax Rate Remains Unchanged For 2015, Finance Minister Says
Romania will keep its 16% flat tax rate on income unchanged into next year, as the progressive taxation the government has been contemplating entails certain technical aspects which cannot b...
IMF: Romania Should Speed Up Privatization, EU Fund Absorption
Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatizati...
Budget Is Out Of Sync With Economic Growth
The macroeconomic indicators may have been good news, as the economic growth was beyond expectations in the first quarter of 2014, but budget revenue did not follow the same trend, merely ri...