Macroeconomics
EBRD Head: Romania Needs Growth That Can Create Jobs For The Young
The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial i...
Romania May Raise Wages Of EU Fund Management Authorities’ Employees
Romania’s government will negotiate with the International Monetary Fund a special wage system for public servants involved in attracting European funds, which will use both national and EU...
EU Removes Romania From Excessive Deficit Procedure
The European Union Council Friday has closed excessive deficit procedures for Romania, confirming that the country has reduced its budget deficit below 3% of the gross domestic product, the...
IMF Says Lagarde’s Visit To Romania Unrelated To Deal Review
International Monetary Fund’s Managing Director Christine Lagarde will visit Romania “somewhere in mid-July,” IMF spokesman Gerry Rice said Thursday.
IMF Chief’s Visit To Romania Uncertain If CFR Marfa’s Privatization Is Delayed
The head of the International Monetary Fund Christine Lagarde could cancel her visit to Romania scheduled for July 16 if the eastern European country fails to select a winner for the majorit...
Vosganian Says Current VAT, Social Contributions Hinder Romania’s Economic Growth
Economy Minister Varujan Vosganian on Thursday said Romania will never post an annual economic growth above 4% unless it changes its sales tax and social security contributions.
Why Does Romania Borrow At 5% Yield And Poland At 3%?
Romania’s Finance Ministry borrows in lei at costs 2% higher than the yield paid by Poland for t bonds in zloty, although the two countries have the same financing needs in ratio with the si...
WB, EBRD, IMF Heads Come To Bucharest To Check One Of Their Biggest Debtors
Romania is in the spotlight after welcoming the heads of the World Bank and the EBRD and now it is getting ready for the upcoming visit of the International Monetary Fund Managing Director C...
Foreign Investments Continue Decline: Just EUR322M In Four Months
Romanian foreign direct investment, or FDI, fell 34.8% to EUR322 million in the first four months, from RON494 million in the year-ago period, the central bank said Monday.