Macroeconomics
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.
INS: Romanian Producer Prices Fell In February
Romania’s industrial producer price index inched down 0.2% on average in February compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said...
Retail Sales Extend Growth In February
Romanian adjusted retail sales rose 1.3% in February from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday.
Romania Economy Expanded Faster In 4Q/2013
Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retai...
NATO Accession In 2004 Put Romania On Investors’ Radar
Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its sec...
IMF Sees Political Risks To Program Goals In Romania
The Romanian government is facing mounting pressures to relax fiscal policies and slow down reforms ahead of the presidential elections in November, the International Monetary Fund said in a...
Romania Should Wait Until 2015 To Cut Social Security Tax - IMF
The International Monetary Fund on Tuesday said Romania should probably wait at least until next year to lower the level of social security contributions, but expressed its openness to earli...
IMF: Romania Must Apply Strong Measures To Offset Fuel Tax Exemption
Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the Internatio...
Tourist Arrivals In Romania Up 8.3% On Year In February
Arrivals at Romanian tourism accommodation establishments rose 8.3% in February from the year-earlier month, while overnight staying increased 11.5% on the year, data from the statistics ins...