Macroeconomics
Romania January-February Trade Gap Widens To EUR566M
Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday.
Car Industry Reshuffled Romanian Export Structure
The share of transport equipment in the overall exports rose from 3% to 14% between 2000 and 2013, during a period when the value of exports increased from EUR11 billion to EUR49 billion, wh...
Isarescu: 20% Rise In Industrial Orders Points To Good Industry Output This Year
The significant increase in industrial output in Romania last year, of 8%, is not getting enough attention and the indicators of the first two months show the upward trend continues, said ce...
Balcerowicz About Governments: Politicians Should Not Be Left To Themselves
Leszek Balcerowicz, former Finance minister of Poland and head of the country’s central bank, speaks about the countries’ need to reform in an interview with Mediafax, lobbying for a constan...
INS: Romania Industrial Sales Up 9% On Month In February
Romanian industrial sales rose 9% in February from the previous month despite a decrease in mining sales, the country’s statistics institute INS said Monday.
Romania Industrial New Orders Rise 15% On Month In February
Romanian industrial new orders rose 15% on the month in February, on higher demand in all sectors, and were up 20.4% against the same period a year before, the statistics institute INS said...
INS: Average Net Wage Inched Higher In February
Romanian average net salary inched 0.1% higher to 1,626 lei (EUR365) in February, from RON1,625 a month earlier, the statistics institute INS said Monday.
World Bank VP: Romania Needs 5%- 6% GDP Growth To Converge With EU Living Standards
Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural re...
Balcerowicz About Russia: Best Answer Would Be To Not Ignore The Threat Of Putin’s Moves
Leszek Balcerowicz, former Finance minister of Poland and president of the country’s central bank, says the Ukraine-Russia conflict is an European problem and Putin’s actions should not be i...