Macroeconomics
Ponta: Romania, IMF To Start Negotiations On New Loan Program
Romania will start this month negotiations with the International Monetary Fund with a view to secure a new precautionary loan arrangement, following the successful completion of a EUR3.6 bi...
Romanian Economy Grew As Expected In First Quarter
Romania’s real gross domestic product grew 2.2% in the first three months of 2013 compared with the year-earlier quarter, in line with previous estimations, official data showed Thursday.
Erste Sees 2.2% Growth In Romania On Strong Farm Output
A good farming output could boost economic growth to 2.2% in Romania this year, Austrian Austrian Erste Group Bank AG said in a report Wednesday.
Romania Would Benefit From A New IMF Deal, Says US Official
Romania would benefit from a new financial program with the International Monetary Fund, as such a program can bring stability and predictability to the business environment, an official of...
IMF Chief Christine Lagarde To Visit Romania July 15-16
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Romania on July 15 and 16, the IMF announced Tuesday.
Vosganian: Romania 2013 Trade Gap May Shrink To 3%-4% Of GDP
Romania’s trade deficit could narrow to 3% to 4% of the gross domestic product in 2013, helped by rising exports, Economy Minister Varujan Vosganian said Tuesday.
Romanian Industry Prices -0.3% On Month, +2.6% On Year
Romania’s industrial producer price index edged down 0.3% in May compared with a month earlier, on lower prices in the intermediate and capital goods sectors, the country’s statistics instit...
BNR Cuts Key Rate For First Time In 15 Months
Romania’s central bank Monday cut its main monetary policy rate by 25 basis points to a record low of 5% a year, amid lower inflationary pressures.
INS: Tourist Arrivals Up 1% On Year In May
Arrivals at Romanian tourism accommodation establishments rose 1% in May from the year-earlier month, but overnight staying declined 6.7% on the year, data from the statistics institute INS...