Macroeconomics
Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013
Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening.
INS: Industry Producer Prices Stable In November
Romania’s industrial producer price index was flat on the month in November, but inched 0.3% lower compared with the same period of 2012, the country’s statistics institute INS said Tuesday.
Tourist Arrivals In Romania Up 5.8% On Year In November 2013
Arrivals at Romanian tourism accommodation establishments rose 5.8% in November 2013 from the year-earlier month, while overnight staying increased 8.2% on the year, data from the statistics...
INS: Housing Permits Down 11.8% On Month To 2,875 In November
Romanian housing permits fell 11.8% to 2,875 units in November from 3,258 units a month earlier, the country’s statistics institute INS said Monday.
Romania's Economic Outlook In 2014
In 2014, Romania's gross domestic product, or GDP, is expected to go up by 2%, exports by 10%, energy consumption is seen going down by nearly 4%, the traded volume on the Bucharest Stock Ex...
Economist: Central Bank To Cut Reserve Requirements In Its First Meeting In 2014
The Romanian central bank (BNR) will lower the minimum reserve requirements for leu-denominated liabilities and for foreign currency liabilities in its very first meeting in 2014, said macro...
Romania Forex Reserves Up By EUR1.3B To EUR32.5B In 2013
Romanian foreign exchange reserves rose by 1.32 billion euro to EUR32.5 billion in 2013, after a slight increase in December, central bank data showed Friday.
Business Outlook: Executives See Decline In Constructions, Manufacturing Industry In Dec’13- Feb ‘14
Romanian executives estimate the activity in the construction sector and the manufacturing industry will decline between December 2013 and February 2014 compared with the previous three mont...
BNR: Romania Private Lending Falls To RON219.7B In November
Romanian private lending fell 0.6% in real terms to 219.7 billion lei (EUR49.2 billion) in November, from RON221 billion a month earlier, central bank data showed Monday.