Macroeconomics
S&P Upgrades Romania To Investment Grade
Standard & Poor's Ratings Services Friday upgraded Romania’s rating to BBB-, a notch above junk status, citing the fiscal consolidation and progress in reducing foreign debt.
Analysts Urge Caution Despite Romania's Highest GDP Growth In Europe In 1Q/2014
Romania’s economic performance in the first quarter may have been a pleasant surprise, with the gross domestic product growing at the fastest rate in Europe, up 3.8% from the year-earlier pe...
Romania, Austria Post Highest Annual Inflation Rates In EU In April
Romania and Austria posted the highest annual inflation rates in the European Union in April, while the EU's average rate accelerated slightly to 0.8% from 0.6% in March, official data showe...
Eurostat: Romania 1Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the first quarter of 2014 compared with the year-ago period, official data showed Thursday.
Foreign Investments Rise 30% To EUR570M In January-March
Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday.
Romania Current Account Swings To EUR261M Deficit In 1Q
Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed...
Romania GDP Rises 3.8% YoY In First Quarter
Romania’s gross domestic product rose 3.8% in the first quarter compared with the same period of 2013, a flash estimate from the country’s statistics institute INS showed Thursday.
CDS Level Shows Romania Has Overcome The Crisis
Foreign markets no longer see Romania as a high risk investment, so the credit default swap level has stabilized at about 150 basis points in the past week after five years of crisis when Ro...
Romanian Budget Minister Sees 3.5% Economic Growth In 1Q
Romania’s economy has likely expanded 3.5% in the first quarter, fueled by industry and domestic consumption, minister delegate for Budget Liviu Voinea said Wednesday.