Macroeconomics
BNR Revises Up Romania's 2012 FDI To EUR2.1B
Romania’s central bank has revised upwards foreign direct investment data for 2012 to 2.14 billion euro, up from EUR1.8 billion in the previous year, the bank said in a news release Monday.
INS: Romania Housing Permits Down 7% On Month To 3,833 In August
Romanian housing permits fell 6.9% to 3,833 units, from 4,115 units a month earlier, the country’s statistics institute INS said Monday.
Business Outlook: Executives See Growth In industry, But Declines In Constructions And Retail
Romanian executives estimate the activity in the construction and retail sectors will decline over the September-November period compared with the previous three months, the statistics insti...
BNR Official: Romania Must Consolidate Its Commercial, Fiscal And Accounting Legislation
Romania must consolidate its commercial, fiscal and accounting rules in order to crack down on tax evasion, central bank deputy governor Florin Georgescu said Saturday at Bucharest Forum.
BNR: Romania’s New IMF Deal Brings Predictability And Stability To Business Environment
Romania’s new financial package with the International Monetary Fund (IMF) brings predictability, transparency and stability to the business environment, but it also ensures transparency of...
Romania’s Unemployment Rate Will Accelerate In 2014 - President
Romania’s unemployment rate will increase at a fast pace in 2014 because foreign investments are down 30% in the first eight months of 2013, compared to the same period a year ago, President...
Basescu: Banks In Romania Repatriate “Enough” Money To Parent Banks
Banks in Romania repatriate “enough” money to parent banks and the Ponta Cabinet may have made some mistakes in this respect, President Traian Basescu said Sunday.
IMF Approves New EUR2B Loan For Romania
The executive board of the International Monetary Fund on Friday approved a new EUR1.98 billion precautionary credit line for Romania, making this the third financial package the eastern Eur...
Romania Economic Sentiment Brightens In September
Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a sur...