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Netherlands, Austria, Germany Bring Half Of Romania’s Foreign Investments In Past 5 Years
Macroeconomics

Netherlands, Austria, Germany Bring Half Of Romania’s Foreign Investments In Past 5 Years

The Netherlands, Austria and Germany fetched around half the total volume of foreign direct investments in the past five years, remaining in the top three every year, according to data from...

Oana Gavrila · 16.10.2013 · 08:46 · 1 min
Lack Of Technical, Decision-Making Skills Main EU Fund Absorption Obstacles In Romania - Report
Banks-Insurance

Lack Of Technical, Decision-Making Skills Main EU Fund Absorption Obstacles In Romania - Report

Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by int...

Ioana Tudor · 14.10.2013 · 15:06 · 1 min
Foreign Investment Drops 36% On Year In January-August
Macroeconomics

Foreign Investment Drops 36% On Year In January-August

Romanian foreign direct investment, or FDI, fell 36% on the year to approximately EUR1.12 billion in the January-August period, the central bank said Friday.

Florentina Dragu · 11.10.2013 · 13:12 · 1 min
Basescu Signs Decree Appointing Daniel Chitoiu Acting Economy Minister
Social/Politics

Basescu Signs Decree Appointing Daniel Chitoiu Acting Economy Minister

Romania’s President Traian Basescu Thursday signed a decree appointing deputy prime minister Daniel Chitoiu as acting Economy Minister, the Presidency said in a press release.

Ioana Tudor · 10.10.2013 · 13:41 · 1 min
Banks-Insurance

Eurostat Chief To Visit Romania On November 4 And 5

Walter Radermacher, the general manager of statistics office Eurostat, will arrive in Romania at the beginning of November for a two-day working visit, Tudorel Andrei, the head of national s...

Ioana Tudor · 10.10.2013 · 11:52 · 1 min
Romania Adjusted Industrial Output Falls 1% In August
Macroeconomics

Romania Adjusted Industrial Output Falls 1% In August

Romanian adjusted industrial production fell 1% in August compared with a month earlier, on lower output in most sectors, the country’s statistics institute INS said Thursday.

Florentina Dragu · 10.10.2013 · 10:11 · 1 min
INS: January-August Trade Deficit Narrows To EUR3.74B
Macroeconomics

INS: January-August Trade Deficit Narrows To EUR3.74B

Romania’s trade deficit shrank 41.3% to EUR3.74 billion in the first eight months of 2013, as imports declined while exports increased, official data showed Thursday.

Florentina Dragu · 10.10.2013 · 10:03 · 1 min
Romania September Inflation Falls Within Target Range As Food Prices Ease
Macroeconomics

Romania September Inflation Falls Within Target Range As Food Prices Ease

Romania’s inflation rate slowed for the third straight month in September, falling comfortably within the central bank’s 2013 target range as food prices continued a four-month decline, offi...

Florentina Dragu · 10.10.2013 · 10:00 · 1 min
INS: August Industrial New Orders -1.9% On Month, +6% On Year
Macroeconomics

INS: August Industrial New Orders -1.9% On Month, +6% On Year

Romanian industrial new orders fell 1.9% on the month in August, hurt by falling demand in most sectors, the statistics institute INS said Monday.

Florentina Dragu · 07.10.2013 · 10:06 · 1 min