Macroeconomics
Low As They Were, EU Funds Kept Leu Steady In 2013
A total of 2.8 billion euros drew Romania last year from the European Union in non-reimbursable funds, just half the yearly target, but enough to keep the leu in check and repay some of the...
EBRD Keeps 2014 GDP Growth Forecast For Romania, Warns Of Bad Loans
The European Bank for Reconstruction and Development has maintained its forecast on the Romanian economic growth unchanged at 2.4% in 2014, driven by exports and less sluggish domestic deman...
Romania January-November FDI Hits 4-Year High Of EUR2.4B
Romanian foreign direct investment, or FDI, rose 22.3% on the year to EUR2.38 billion in January-November last year, the highest level in four years, the central bank said Friday.
BNR: Romania's Current Account Gap Narrows To EUR1.33B After First 11 Months
Romania's current account balance posted a deficit of EUR1.33 billion in the first 11 months of last year, well below a gap of EUR5.38 billion in the same period of 2012, central bank data s...
Romania, Likely To Enter New Investment Stage
Four of the parent companies of the 20 largest Romanian firms boasted share increases by as much as 53% on international markets in 2013, the best year for the Western stock exchanges after...
IMF Team To Visit Romania Jan 21-Feb 5 For EUR2B Loan Review
A delegation of the International Monetary Fund will visit Romania between January 21 and February 5 for the first and second reviews of a EUR2 billion loan agreement signed last year, and t...
World Bank Sees Romania GDP Growth At 2.5% In 2014
The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released...
30-Year Bond Issue A First For Romania
The dollar-denominated bond issue maturing in 30 years that Romania launched on Tuesday is a first for the country, which had been previously unable to borrow for such a long term due to the...
Isarescu: Romania Should Avoid Confusing Political Decisions In 2014
Romanian government should avoid taking unclear or confusing political decisions in 2014, which is an election year, because they may lead to unexpected or large capital movements that will...