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Romania 1Q Net Investment Up 0.5% On Year To RON12.3B
Macroeconomics

Romania 1Q Net Investment Up 0.5% On Year To RON12.3B

Romanian net investments grew a modest 0.5% to 12.35 billion lei (EUR2.8 billion) in the first quarter of 2013 from the year-earlier period, held back by falling activity in constructions, t...

Florentina Dragu · 04.06.2013 · 10:00 · 1 min
Romania On Track To Meet IMF Goals, Says Finance Minister
Macroeconomics

Romania On Track To Meet IMF Goals, Says Finance Minister

Romania is on track to achieve its targets assumed under a EUR3.6 billion loan with the International Monetary Fund, including the privatization of state-run freight rail company CFR Marfa,...

Florentina Dragu · 03.06.2013 · 17:07 · 1 min
Romania Forex Reserves Rise Slightly To EUR32.7B In May
Macroeconomics

Romania Forex Reserves Rise Slightly To EUR32.7B In May

Romanian foreign exchange reserves rose slightly to EUR32.69 billion in May, from EUR32.41 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 03.06.2013 · 14:18 · 1 min
INS: Tourist Arrivals Up 4% On Year In April
Macroeconomics

INS: Tourist Arrivals Up 4% On Year In April

Arrivals at Romanian tourism accommodation establishments rose 4% in April from the year-earlier month, but overnight staying declined 5.3% on the year, data from the statistics institute IN...

Florentina Dragu · 03.06.2013 · 10:00 · 1 min
Romania Adjusted Retail Sales Up 2% On Month In April
Macroeconomics

Romania Adjusted Retail Sales Up 2% On Month In April

Romanian adjusted retail sales rose 2% in April from a month earlier, fueled by higher sales in most sectors, the statistics institute INS said Monday.

Florentina Dragu · 03.06.2013 · 10:00 · 1 min
BRD VP: Euro And Leu Market Rates Reflect The Key Rate Difference
Banks-Insurance

BRD VP: Euro And Leu Market Rates Reflect The Key Rate Difference

Comparisons between interest rates in Romania and the euro-zone are “inappropriate” as they do not take into account the “enormous disparities” between the risks and the structure of the two...

Bogdan Neagu · 31.05.2013 · 13:02 · 1 min
INS: Romania Jobless Rate Rises to 7.3% In April
Macroeconomics

INS: Romania Jobless Rate Rises to 7.3% In April

Romania's unemployment rate rose to 7.3% in April, from 7.2% in the previous month, seasonally adjusted data from the statistics institute INS showed Friday.

Bogdan Neagu · 31.05.2013 · 10:00 · 1 min
World Bank Appoints New Country Manager For Romania
Banks-Insurance

World Bank Appoints New Country Manager For Romania

The World Bank has appointed Elisabetta Capannelli as the new country manager for Romania, replacing Francois Rantrua, the international lender said in a statement Thursday.

Florentina Dragu · 30.05.2013 · 18:30 · 1 min
Romania Falls To Its Lowest Ranking In IMD Global Competitiveness Report
Macroeconomics

Romania Falls To Its Lowest Ranking In IMD Global Competitiveness Report

Romania fell two notches this year to its lowest ranking since 2003 in a competitiveness report covering 60 economies worldwide.

Florentina Dragu · 30.05.2013 · 17:15 · 1 min