Macroeconomics
Goldman Sachs Assigns Analyst To Cover Romania
Goldman Sachs, the most influential US investment bank, is paying more attention to Romania and has assigned an analyst to review its economy based on macroeconomic indicators for the first...
Romania’s Trade Deficit Narrows To EUR5.7B In 2013; Exports Up 10%
Romania’s trade deficit significantly narrowed in 2013, to EUR5.7 billion versus EUR9.6 billion in the previous year, mainly due to the export recovery.
INS: Industrial New Orders Up 8.4% On Year In 2013
Romanian industrial new orders increased 8.4% on the year in 2013, boosted by higher demand in most sectors, the country’s statistics institute INS said Thursday.
Romania 2013 Industrial Sales Rise 4.7% On Year
Romanian industrial sales rose 4.7% in 2013 from a year earlier, fueled by higher demand of manufacturing items, the country’s statistics institute INS said Thursday.
ANAF: Romania’s Tax Revenue Up 13% On Year To RON16.1B In January
Romania’s tax authority ANAF collected total taxes of 16.1 billion lei (EUR3.6 billion) in January 2014, up 13.2% in nominal terms from RON14.21 billion in the same period a year ago.
Food In ZF Basket 2% Cheaper Than Last Fall
The price of the main 15 foods in the market basket used for the ZF index has dropped 2% since last fall, as a result of the increasingly fierce competition among retailers trying to get new...
Romania Central Bank Cuts Key Rate By 25 Bps To 3.5%
Romania’s central bank Tuesday lowered its main monetary policy rate by a quarter of a point to a fresh all-time low of 3.5% a year, in line with market expectations.
AOAR: Numerous Fiscal Changes Led To Poverty And Chaos
The numerous fiscal policy steps taken by the Romanian governments since the beginning of the financial crisis showed lack of strategy and led to poverty, according to a study carried out by...
IMF/EU: Romania Deal On Track; Spending Freeze To Counter Fuel Tax Delay
The International Monetary Fund and the European Commission on Tuesday said Romania’s economic program under a EUR4 billion precautionary deal remains broadly on track amid signs of recoveri...