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.
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.
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.
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...
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.
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.
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...
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...
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.