Macroeconomics
Isarescu Says Leu’s Appreciation Not Supported By Fundamentals
Romania’s economic performance during the first months of the year wasn’t good enough to justify the recent strengthening of the leu against the euro, central bank governor Mugur Isarescu sa...
Isarescu Says Romania's Banking System Is Cleaning Up
Romanian central bank governor Mugur Isarescu Thursday said the banking system is cleaning up and the non-performing loans ratio, which reached 22.3% at the end of March, was assessed follow...
INS: Romania Average Net Wage Up 5% In March
Romanian average net salary rose 4.9% to 1,706 lei (EUR390) in March, from RON1,626 a month earlier, the statistics institute INS said Thursday.
Romania Has Fewer Doctors Per 1,000 People Than Republic Of Moldova
About 15,000 doctors have left Romania so far and the number of doctors per 1,000 people stands at less than 1.9, which means fewer than in the Republic of Moldova.
BNR Cuts 2014 Inflation Forecast To 3.3%
Romania’s central bank (BNR) Tuesday revised slightly down its inflation forecast to 3.3% this year from 3.5% previously and said inflationary pressures are expected to remain at moderate le...
Romania Central Bank Holds Key Rate At 3.5%
Romania’s central bank kept its key lending rate unchanged at 3.5% for a second consecutive meeting Tuesday, in line with economists’ expectations.
Romanians Remain Gloomy About The Economy In 2014 - Survey
Romanian consumers remain gloomy about the economy after the first three months of the year and they don’t expect to see much improvement in the upcoming period either, a survey from market...
EU Ups Romania GDP Growth Forecast To 2.5% In 2014
The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consum...
Tourist Arrivals In Romania Up 7.8% On Year In March
Arrivals at Romanian tourism accommodation establishments rose 7.8% in March from the year-earlier month, while overnight staying increased 14.5% on the year, data from the statistics instit...