Macroeconomics
EU Survey: Romania Economic Sentiment Steady On The Month In August
Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the Europea...
INS: Romania Housing Permits Rise To 4,115 In July
Romanian housing permits rose 15.5% to 4,115 units in July, from 3,564 units a month earlier, the country’s statistics institute INS said Wednesday.
Economic Outlook: Executives Expect Stable Activity In Aug-Oct
Romanian executives estimate all the economic sectors will see a relative stability over the August-October period compared with the previous three months, the statistics institute INS said...
Deloitte: Managing Cash Flows Priority For Romanian CFOs; Obtaining Loans To Remain Difficult
Increasing revenues from current and new markets and cutting cost are the main priorities of Romanian chief executive officers, who must also focus on generating and managing cash flows, as...
Romania, An Economic Anomaly: Retirees Outnumber Employees
Deindustrialization and the loss of jobs in the last twenty years have caused an anomaly for an economy and society, which has more retirees than employees and can only run on a deficit.
Romania Budget Deficit Narrows To RON6B In January-July
Romania’s consolidated budget posted a deficit of 6.02 billion lei (EUR1.36 billion) in the first seven months of 2013, equal to 0.96% of the gross domestic product, Finance Ministry data sh...
BNR: Romania Private Lending Falls To RON221.4B In July
Romanian private lending inched down 0.9% in real terms to 221.43 billion lei (EUR50.3 billion) in July, from roughly RON224.2 billion a month earlier, central bank data showed Monday.
Will Investors Come to Romania After Leaving Asia And Latin America?
The Romanian leu has gained ground in 2013 against the main currencies, whereas the currencies of Latin American and Asian countries are severely affected by the withdrawal of foreign capita...
Finance Ministry Puts Aside EUR6B For A Rainy Day
The Romanian Finance Ministry has put aside a forex reserve of EUR6 billion, the so-called “fiscal buffer” needed to supply liquidity in case of new shortages on financial markets and if Rom...