Macroeconomics
Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople
Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople.
EXCLUSIVE: Local Authorities May Raise Property Taxes For Individuals At Will
Romania and the International Monetary Fund agreed to give local authorities a free hand to increase taxes on property paid by individuals as much as they feel necessary.
EXCLUSIVE: Romania Won’t Cut Social Security Tax Rates Without Widening Taxable Income First
Romania’s government has pledged to lower social security contribution rates in the second half of 2014 without bearing down on the state budget, and widen taxable income, according to the c...
Eurostat: Romania 3Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2013 compared with the previous three months, official data showed Thursday.
Romania’s Economic Growth Accelerates To 4.1% In 3Q
Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute show...
Romania September Industrial Output Rises At 2nd Fastest Pace In EU
Romania’s industrial production rose 2.4% on the month in September, the second largest increase in the European Union, official data showed Wednesday.
Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure
Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will b...
BNR: Romania's Current Account Deficit Shrinks To EUR595M In First Nine Months
Romania's current account balance posted a deficit of EUR595 million in the first nine months, sharply narrower from a gap of EUR4.8 billion in the year-ago period, central bank data showed...
Romania FDI Falls 10% On Year To EUR1.5B In January-September
Romanian foreign direct investment, or FDI, fell 9.9% on the year to around EUR1.5 billion in the January-September period, the central bank said Tuesday.