Macroeconomics
GfK: Romanians More Optimistic Regarding Their Country’s Economic Development In 2013
Romanians are more optimistic regarding their country’s economic development this year and both their willingness to buy and income expectations increased in the third quarter of 2013 compar...
Romania Raises EUR500M In Eurobond Reopening
Romania’s Finance Ministry has raised EUR500 million in a reopening of its September 2020 dated Eurobond in international markets Monday, with the average yield falling to a record low of 4....
BNR: Romanian Banks Could Handle Another Recession, Stress Test Shows
All but a handful of small banks could withstand another recession in Romania in the short-term, and the system in general is well equipped to ward off severe economic shocks while maintaini...
Moody’s: Romania Economic Growth Likely To Remain Subdued In Coming Year
Economic recovery in Romania will likely remain subdued in the next year due to the country’s significant exposure to European markets, according to Moody’s Ratings, which sees the local gro...
Viscount Davignon: Foreigners More Confident In Romania’s Development Than Romanians
Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday.
Lack Of New Highway Construction Sites Dampens Economic Growth
No new highway construction site has been inaugurated since the beginning of the year, while auctions for new projects are postponed. Chances are slim for work on a new highway to start befo...
Mutual Funds Financed Romania’s Budget Deficit By Over RON6B
Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of ass...
IMF Mission To Arrive In Romania October 22 For First Review Of New Loan
Joint teams from the International Monetary Fund and the European Commission will arrive in Bucharest on October 22 for the first review of Romania’s progress under a EUR4 billion loan progr...
Andrei Gerea Sworn In As Economy Minister
Andrei-Dominic Gerea has been sworn in as Romania's new Economy minister Wednesday at the Presidential Palace.