Macroeconomics
Eurostat: Romania’s Industrial Output Posts Sharpest Decline In EU In May
Romania’s industrial production plummeted 10.7% on the month in May, the sharpest decline in the European Union, official data showed Friday.
Romania FDI Drops 37% To EUR414M In January-May
Romanian foreign direct investment, or FDI, fell 37% to EUR414 million in the first five months, from RON656 million in the year-ago period, the central bank said Friday.
Romania Posts EUR314M Current Account Surplus In January-May
Romania's current account balance posted a surplus of EUR314 million in the first five months versus a deficit of EUR2.28 billion in the year-ago period, central bank data showed Friday.
Ayrault Says Pleased That France’s Trade Deficit In Relation To Romania Is Narrowing
French Prime Minister Jean-Marc Ayrault said it is important that commercial ties between Romania and France have become more balanced, considering that since 2009 Romania has seen a trade s...
Companies In Romania Borrowed EUR11B Directly From Foreign Banks
More than one thousand companies in Romania took out EUR11 billion loans directly from Austrian, German, French, Spanish and Italian banks by the end of March, according to central bank data...
IMF Mission To Visit Romania July 17-31 For Talks On New Loan
A mission of the International Monetary Fund will visit Bucharest between July 17 and July 31 to discuss a potential follow up agreement with Romania, the IMF said in a statement Thursday.
Romania Wants To Attract At Least EUR10B In Investments By Yearend
The Romanian Government plans to attract investments of “at least EUR10 billion” by the end of the year, in the sectors of energy, mineral resources, agriculture, industry and infrastructure...
Industrial Output Shrinks In May
Romanian adjusted industrial production fell 10.7% in May compared with a month earlier, on lower output in all sectors, the country’s statistics institute INS said Wednesday.
INS: Romania January-May Trade Deficit Shrinks To EUR2.18B
Romania’s trade deficit narrowed to EUR2.18 billion in the first five months of 2013, from EUR3.67 billion in the year-earlier period, the country’s statistics institute INS said Wednesday.