Macroeconomics
Voinea: Romania’s Agrifood Exports To China Will Trigger Current Account Surplus In 2014
Romania's current account balance will post a surplus next year, fueled by agrifood exports to China starting January 1, 2014, Minister-delegate for Budget Liviu Voinea said Tuesday.
Romania Invites Chinese Investors To Buy Its Bonds
Romania’s Budget Minister Liviu Voinea on Tuesday urged investors attending a China-CEE summit to purchase government bonds, citing the country’s low public debt level and attractive yields.
China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe,...
Chinese PM: China, CEE Countries Must Double Trade In Next Five Years
Trade between China and countries in Central and Eastern Europe (CEE) must double in the next five years, as its value is still low, Chinese Prime Minister Li Keqiang said Tuesday in Buchare...
Romania Private Lending Falls To RON221B In October
Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday.
Romania Budget Deficit Narrows To RON7.6B In January-October
Romania’s consolidated budget posted a deficit of 7.6 billion lei (EUR1.7 billion) in the first 10 months of 2013, equal to 1.21% of the gross domestic product, Finance Ministry data showed...
S&P Improves Outlook on Romania, Affirms 'BB+/B' Ratings
Standard & Poor's Ratings Services on Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, while improving the outlook to positive...
Joining Euro Zone – A Moving Target For Romania
Romania will most likely adopt the euro in 2021, with the timeframe for joining the euro zone moving further into the future as living standards and work productivity gaps need to be bridged...
Chinese PM Comes To Bucharest, Will Be Joined By Execs Of 200 Chinese Companies
Newly-elected Chinese Prime Minister Li Keqiang will come to Bucharest next week to attend an economic forum, and Romanian energy projects worth EUR5 billion are ready for signing. The Prime...