Macroeconomics
Romania Raises GDP Growth Forecast To 1.9% Of GDP
Romania lifted its economic growth forecast for 2013 to 1.9% from 1.6% previously, the minister delegate for Budget Liviu Voinea said Monday.
Romania Ups 2013 Budget Deficit Target To 2.3% Of GDP
Romania will raise the 2013 deficit target to 2.3% of the gross domestic product at this year’s first budget revision due shortly, Prime Minister Victor Ponta said Monday.
Romania, IMF Conclude Negotiations On Follow-Up Deal
Romania and the International Monetary Fund have concluded the negotiations for a new loan program, following the completion of a two-year standby agreement ended in June, Prime Minister Vic...
Private Equity Investments In Romania Hit 6-Year Low Of EUR27M In 2012
Investments of private equity funds in Romania amounted to only EUR27 million in 2012, a record low over the past six years, while exits rose to EUR120 million, according to the European Pri...
Business Outlook: Executives See Romania Constructions, Retail Growing In 3Q
Romanian executives estimate the construction sector will grow over the July-September period compared with the previous three months, while the retail activity will post a moderate increase...
INS: Housing Permits Down 4.5% In First 6 Months
Romanian housing permits fell 4.5% to 17,396 units in the first half of 2013, from 18,217 units a in the year-earlier period, the country’s statistics institute INS said Monday.
Romania Posts Budget Deficit Of 1.06% Of GDP In First Half
Romania’s consolidated budget posted a deficit of 6.62 billion lei (EUR1.5 billion) in the first half of 2013, equal to 1.06% of the gross domestic product, Finance Ministry data showed Frid...
Isarescu: Romania Must Stimulate Sustainable Economic Growth
Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday.
Eurobarometer: 90% Of Romanians Believe Country’s Economic Situation Is Bad
A survey from Eurobarometer shows that 90% of Romanians think the country’s economic situation is bad, while 31% believe the situation will deteriorate further over the next 12 months.