Macroeconomics
EXCLUSIVE: Romania’s Budget Revenue Seen At 32.9% Of GDP In 2014
Romania budget revenue will account for only 32.9% of the gross domestic product in 2014, similar to this year’s level, while budget expenditure is seen down to 35.1% of the GDP.
EXCLUSIVE: Romania To Collect Extra RON5B In 2014 Following Tax System Changes
Tax revenues in Romania will increase by 5 billion lei (EUR1.12 billion) next year following tax system changes, which include widening taxable income and the health insurance contribution b...
EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014
The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth c...
Businesspeople In Romania Denounce Government’s Planned Tax Increases
Businesspeople in Romania disagree with the Government’s planned measures to increase taxes, arguing they will directly and indirectly affect the entire business environment.
Romania Inflation Stable In October Despite Rising Food, Service Prices
Romania’s annual inflation rate held steady at 1.88% in October, despite rising prices for food and services, official data showed Monday.
INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months
Romania’s trade deficit shrank 42.4% to EUR4.16 billion in the first nine months of 2013, as imports declined while exports increased, official data showed Monday.
AmCham: Romania’s New Fiscal Measures To Further Increase Tax Burden
The Romanian Government’s planned fiscal measures will increase the burden on taxpayers to a level that is unprecedented in the past 20 years and will negatively affect investments and the c...
Construction Works Decline In September - Statistics
Romanian construction works fell 6.9% in September from a month earlier, due to declining activity in all sectors, the statistics institute INS said Friday.
Romania January-September Power Output Falls 6.9% On Year
Romanian energy output fell 6.9% on the year to 15.89 million tons of oil equivalent in the first nine months, due to declining production in the thermal sector, official data showed Friday.