Macroeconomics
INS: Romania Housing Permits Up 5% On Month To 3,372 In April
Romanian housing permits rose 5.1% to 3,372 units in April, from 3,207 units a month earlier, the country’s statistics institute INS said Wednesday.
Business Outlook: Executives Expect Growth In All Sectors In May-July
Executives in Romania expect activity in all economic sectors to continue to grow in the May-July period compared with the previous three months, the statistics institute INS said in a surve...
CEZ Romania: Tax Burden On Business Too Heavy
Burden on business in Romania is too heavy and the authorities keep raising the tax levels, an official of utility CEZ Romania said Tuesday.
IMF Team To Arrive In Romania Next Week
A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed last year.
Romania Posts Budget Deficit Of 0.28% Of GDP In January-April
Romania’s consolidated budget posted a deficit of nearly RON2 billion, or 0.28% of gross domestic product, in January-April 2014, from 0.14% of GDP end-March and 1.19% of GDP in January-Apri...
Financial Analysts’ Confidence In Romanian Economy At Its Highest
Financial analysts’ confidence in Romania’s economy reached a new all-time high in April, prompted by positive expectations about its performance in the coming period and the evaluation of t...
Biden: Rule Of Law Is A National Security Issue, Required In Business Sector As Well
The rule of law and the fight against corruption represent national security issues that could contribute to the business sector development as well, U.S. vice-president Joe Biden stated Wed...
Budget Minister: Euro Zone Accession To Give Romania Seat At European Power Table
Budget Minister Liviu Voinea says Romania’s accession to the euro zone, which the government scheduled for January 1, 2019, will give the country a seat at Europe’s major powers’ table, wher...
Erste: Romania Should Wait At Least Until 2021 To Join Eurozone
Romania’s target date to join the euro area in 2019 seems rather ambitious considering that the country is still far from meeting the real convergence criteria and, Austrian bank Erste said...