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INS: Romania Unemployment Rate Stable At 7.2% In March
Macroeconomics

INS: Romania Unemployment Rate Stable At 7.2% In March

Romania's unemployment rate was stable at 7.2% in March compared with the previous month, seasonally adjusted data from the statistics institute INS showed Monday.

Bogdan Neagu · 05.05.2014 · 10:03 · 1 min
Romanian Producer Prices Fall Further In March
Macroeconomics

Romanian Producer Prices Fall Further In March

Romania’s industrial producer price index went down 0.3% on average in March compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Monda...

Bogdan Neagu · 05.05.2014 · 10:00 · 1 min
INS: Romania Retail Sales Extend Growth In March
Macroeconomics

INS: Romania Retail Sales Extend Growth In March

Romanian adjusted retail sales rose 2.3% in March from the earlier month, on higher sales in all sectors, the statistics institute INS said Monday.

Bogdan Neagu · 05.05.2014 · 10:00 · 1 min
Banks-Insurance

Leu Turns Out To Be Impervious To Ukraine Turmoil

The Romanian leu is back on the investors’ radar as a result of an estimated economic growth of 3% to 4% in the first quarter and it hit a six-month high despite political turmoil in neighbo...

Loredana Frățilă-Cristescu · 05.05.2014 · 09:18 · 2 min
Romania Forex Reserves Rise To EUR32.4B In April
Macroeconomics

Romania Forex Reserves Rise To EUR32.4B In April

Romanian foreign exchange reserves rose to EUR32.44 billion in April, from EUR31.27 billion a month earlier, central bank data showed Friday.

Florentina Dragu · 02.05.2014 · 14:02 · 1 min
Government Sets January 1, 2019 As New Euro Adoption Target
Macroeconomics

Government Sets January 1, 2019 As New Euro Adoption Target

Romania set out to adopt the euro in 2019, when it will assume the EU presidency for the first time, Prime Minister Victor Ponta said on Wednesday.

Loredana Frățilă-Cristescu · 01.05.2014 · 00:35 · 2 min
Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan
Banks-Insurance

Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan

The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009...

Loredana Frățilă-Cristescu · 29.04.2014 · 18:00 · 2 min
Social/Politics

Ponta Says Preliminary Data Show 3.2% Economic Growth In 1Q

Preliminary figures show Romania posted an economic growth of 3.2% in the first quarter, Prime minister Victor Ponta said Monday evening in a televised interview.

Oana Gavrila · 29.04.2014 · 10:26 · 1 min
Romania Housing Permits Up 47% On Month To 3,207 In March
Macroeconomics

Romania Housing Permits Up 47% On Month To 3,207 In March

Romanian housing permits rose 46.6% to 3,207 units in March from 2,187 units a month earlier, the country’s statistics institute INS said Monday.

Bogdan Neagu · 28.04.2014 · 10:00 · 1 min