Macroeconomics
Finance Ministry Prepares To Borrow EUR1.5B From External Market
The Romanian Finance Ministry is preparing its first eurobond issue this year, in a hurry to take advantage of the current favorable market circumstances ahead of the conclusion of the arran...
IMF To Review Romania Stand-By Agreement On June 26
The Executive Board of the International Monetary Fund will review Romania’s performance under a EUR3.6 billion stand-by agreement on June 26, people close to the matter told Mediafax Wednes...
EU: Romania Should Continue Reforms, Better Performance Needed
The European Commission Wednesday recommended Romania continue its economic and social reforms undertaken under a EUR5 billion loan agreement with the International Monetary Fund and the EU,...
EU Says Romania Should Be Removed From Deficit Procedure
The European Commission Wednesday recommended Romania be removed from the list of countries with excessive deficits in light of the country’s progress in lowering the budget gap below the bl...
Romania Issued More Housing Permits In April
Romanian housing permits rose 17.9% to 3,594 units in April, from 3,049 units a month earlier, the country’s statistics institute INS said Tuesday.
INS: Romanian Executives Expect Economy To Improve In May-July
Romanian executives estimate all economic sectors will see higher activity levels in the May-July period compared with the previous three months, the statistics institute INS said in a surve...
Romania Jan-April Budget Deficit Widens To 1.2% Of GDP
Romania’s consolidated budget posted a deficit of 7.5 billion lei (EUR1.72 billion) in the first four months of 2013, equal to 1.2% of the gross domestic product, Finance Ministry data showe...
Financial Analysts’ Confidence In Romania's Economy Reaches 12-Month High In April
Financial analysts’ confidence in the Romanian economy climbed to a 12-month high in April, due to positive expectations for the upcoming period and to an improvement in current business env...
Romania’s Public Debt Higher By RON11.5B In 1Q/2013
Romania’s public debt climbed at 252 billion lei (EUR57 billion) in March, which is higher by RON11.5 billion from December 2012, due to large amounts borrowed mainly from the domestic marke...