Macroeconomics
Blocked Roads And Railways Cost Romania Hundreds Of Millions Of Euros A Day
Back in the communist regime days until 1989, if traffic stopped, heads would roll starting from station masters, says George Buruiana, chairman of the Railway Freight Carriers of Romania As...
Business Outlook: Executives See Decline In Most Economic Sectors In 1Q
Romanian executives estimate the activity in retail, services and the construction sectors will decline in the first quarter of 2014 compared with the previous three months, the statistics i...
Romania Housing Permits Down 0.2% To 37,776 In 2013
Romania authorized construction of 37,776 residential buildings in 2013, very slightly fewer than in the previous year, the country’s statistics institute INS said Tuesday.
Fitch Sees Romania Funding Needs At EUR13.2B In 2014
Romania’s gross borrowing requirement is estimated at EUR13.2 billion in 2014, equal to 8.9% of the gross domestic product, a report from Fitch Ratings showed Monday.
Romania Private Lending Falls 4.7% To RON218.5B In 2013, BNR Data Shows
Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Mon...
GfK: Romanians Optimistic About Economic Climate In 2014
Romanians are optimistic regarding economic development in the following 12 months and both their willingness to buy and income expectations are rising, a survey from market researcher GfK s...
Romania Approved State Aid For EUR3B Investments Between 2007 And 2013
The Romanian Finance Ministry approved aid for 52 projects totaling investments of EUR3.08 billion between 2007 and 2013, out of which EUR727.19 million represented state support, the minist...
Coface Sees Romania GDP Growth At 2.1% In 2014
Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Cofa...
PwC: Romania CEOs Optimistic On Revenue Growth In Next 3 Years
Romanian executives are confident in their companies’ perspectives for revenue growth, with 96% somewhat or very confident of growth over the next three years, in line with global results, a...