Macroeconomics
INS: Romania Average Net Salary Stays Around RON1,600 In June
Romanian average net salary inched 0.3% lower to 1,606 lei (around EUR360) in June, from RON1,611 a month earlier, the statistics institute INS said Tuesday.
What The Romanian Government Has Committed To In The Future Agreement With The IMF
The major listings scheduled for this year, Nuclearelectrica and Romgaz, have been postponed until the autumn of next year. On the other hand, the healthcare reform package will be ready by...
BNR Sees 2013 GDP Growth Above 2%
Romanian economy will likely expand by more than 2% in 2013, from a growth of 0.7% a year earlier, largely supported by exports, industry and a good harvest, central bank governor Mugur Isar...
Isarescu Hopes For Cheaper Loans As Of September
Romanian central bank governor Mugur Isarescu Monday expressed hope that the lower monetary policy rate will translate into cheaper loans for local consumers as early as September.
Capital Economics: Romania Central Bank Likely To Cut Key Rate To 4% By Year-end
Romania’s central bank is likely to cut its key lending rate to 4% by year-end, British think-tank Capital Economics said in a report Monday.
BNR Cuts Key Rate By 50 Bps To New Low Of 4.5%
Romania’s central bank Monday lowered its main monetary policy rate for the second straight meeting by 50 basis points to a record low of 4.5% a year, exceeding expectations of a 25 bps cut.
Industry Prices Rise 2.8% On Year In June
Romania’s industrial producer price index inched up 0.3% in June compared with a month earlier, on slightly higher prices in all sectors, the country’s statistics institute INS said Friday.
BNR: Romania Forex Reserves Rise To EUR33.35B In July
Romanian foreign exchange reserves rose to EUR33.35 billion in July, from EUR32.3 billion a month earlier, central bank data showed Thursday.
Tourist Arrivals In Romania Up 3.4% On Year In June
Arrivals at Romanian tourism accommodation establishments rose 3.4% in June from the year-earlier month, while overnight staying increased 3.8% on the year, data from the statistics institut...