Macroeconomics
British-Romanian Trade May Rise 60% By 2017
The British Government hopes trade between the UK and Romania will climb 60% in the next four years through the creation of a business center to support new British companies in the Romanian...
Romania Private Lending Rises To RON224.2B In June
Romanian private lending rose 1.1% in real terms to 224.16 billion lei (EUR50.67 billion) in June, from RON221.6 billion a month earlier, central bank data showed Tuesday.
Prime Minister Ponta Expects 2.4% Economic Rise In First Half, ING Sees 1.8%
The National Statistics Institute is set to announce the economic growth for the first half of the year in mid-August, but estimates have already appeared, suggesting GDP growth of between 1...
Romania Posts 4th Lowest Debt-to-GDP Ratio In EU In First Quarter
Romania’s government debt reached 38.6% of the gross domestic product at the end of March, the fourth lowest level in the European Union, official data showed Monday.
Romania 2013 GDP Growth Forecast Revised Up To 1.9%
Romania and the International Monetary Fund estimate an economic growth in the eastern European country of 1.9% in 2013, a slightly faster pace than the 1.6% increase previously expected, pe...
BNR: Romania 1Q Public Debt Falls To 24.4% Of GDP
Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdin...
Romania Sells EUR336.5M In Eurobond Reopening; Yield Falls To Record Low Of 2.75%
Romania’s Finance Ministry on Thursday sold EUR336.5 million in the reopening of its February 2016 Eurobond, above the planned amount, with the average yield dropping to a record low of 2.75...
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said...
Florin Georgescu: Current Account Gap To Shrink To 2% Of GDP In 2013
Romania’s current account deficit will likely shrink to around 2% of the gross domestic product in 2013, central bank deputy governor Florin Georgescu said Thursday.