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Romania's Industrial Production Rises In October
Macroeconomics

Romania's Industrial Production Rises In October

Romanian adjusted industrial production rose 1.6% in October compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 10.12.2013 · 10:00 · 1 min
Romania Trade Gap Narrows In October As Exports Hit Record High
Macroeconomics

Romania Trade Gap Narrows In October As Exports Hit Record High

Romania’s trade deficit narrowed in October as exports rose for the second straight month, hitting a record high of EUR4.7 billion, official data showed Tuesday.

Florentina Dragu · 10.12.2013 · 10:00 · 1 min
Romania Plans To Raise Fuel Excises Only On Gasoline
Macroeconomics

Romania Plans To Raise Fuel Excises Only On Gasoline

Romanian Prime Minister Victor Ponta Monday said the Government plans to raise fuel excises by EUR0.07/liter only on gasoline, starting January 1, 2014.

Ecaterina Craciun · 09.12.2013 · 17:53 · 1 min
Isarescu: Raising Deficit, Not The Right Way To Support Economic Growth
Banks-Insurance

Isarescu: Raising Deficit, Not The Right Way To Support Economic Growth

Romania’s economy has been hit hard by the government’s fiscal consolidation program and by the deleveraging process of foreign banks, but raising the public deficit is not the right strateg...

Florentina Dragu · 09.12.2013 · 17:21 · 1 min
ANOFM: Romania Jobless Rate Inches Higher In November
Social/Politics

ANOFM: Romania Jobless Rate Inches Higher In November

Romania's unemployment rate edged up to 5.6% in November, from 5.4% a month earlier, the country’s employment agency ANOFM said Monday.

Florentina Dragu · 09.12.2013 · 16:26 · 1 min
INS: Romania Construction Works Rise In October
Macroeconomics

INS: Romania Construction Works Rise In October

Romanian construction works rose 4% in October from a month earlier, due to stronger activity in most sectors, the statistics institute INS said Monday.

Bogdan Neagu · 09.12.2013 · 10:01 · 1 min
Romania’s Central Bank Governor Wants No Involvement In President-PM Battle
Social/Politics

Romania’s Central Bank Governor Wants No Involvement In President-PM Battle

Central bank governor Mugur Isarescu did not bring about the meeting last Tuesday between Romanian President Traian Basescu and Prime Minister Victor Ponta on the state budget and on the let...

Daniela Stoican · 09.12.2013 · 00:21 · 1 min
Government Plans Secret Measures To Restart Consumption
Macroeconomics

Government Plans Secret Measures To Restart Consumption

The Romanian Government is preparing a set of measures aimed at restarting consumption for the beginning of next year. The measures will not affect budget resources, Budget Minister Liviu Vo...

Daniela Stoican · 09.12.2013 · 00:00 · 1 min
INS: Industrial Sales Rise 3% On Month In October
Macroeconomics

INS: Industrial Sales Rise 3% On Month In October

Romanian industrial sales rose 3% in October from the previous month, helped by growing demand in all sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 06.12.2013 · 10:00 · 1 min