Macroeconomics
INS: Romania Unemployment Rate Slightly Down To 7.2% In February
Romania's unemployment rate declined slightly to 7.2% in February compared with 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures
Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very...
Romania’s Grain Output Rose Almost 64% On Year In 2013
Cereal output rose 63.9% in 2013 in Romania which, although ranked among the largest corn and wheat producers in the European Union, places near bottom in terms of yields per hectare, the co...
World Bank Approves $339M Healthcare Loan To Romania
The World Bank’s Board of Executive Directors approved Friday a $338.8 million loan to Romania to improve the country’s healthcare infrastructure, the bank said in a statement.
Isarescu: S&P Waiting To See How We Fare During Election Year To Lift Junk Status
Romanian central bank governor Mugur Isarescu on Friday said the last of the “Big Three” credit-rating agencies which is yet to promote the country to investment grade will probably wait unt...
Romania Central Bank Leaves Key Rate Unchanged At 3.5%
Romania’s central bank left its key rate unchanged at a record low of 3.5% Friday, ending an eight-month long monetary easing cycle, amid higher inflationary pressures.
Business Outlook: Romanian Executives Expect Growth In All Economic Sectors In 2Q
Romanian executives estimate the activity in all economic sectors to increase in the March-May period compared with the previous three months, the statistics institute INS said in a survey F...
INS: Housing Permits Up 39% On Month To 2,187 In February
Romanian housing permits rose 39% to 2,187 units in February from 1,573 units a month earlier, the country’s statistics institute INS said Friday.
IMF Approves EUR436.3M Disbursement To Romania
The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additiona...