Macroeconomics
Ghetea: Romania Bank Lending Likely To Revive In 3Q
A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.
BNR: Romania FDI Falls To EUR211M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR211 million in the first quarter, from EUR360 million in the year-earlier period, the central bank said Wednesday.
Romania Runs EUR69M Current Account Surplus In 1Q
Romania's current account balance posted a surplus of EUR69 million in the first quarter versus deficit in the year-ago period, helped by a surplus in the services segment and narrower incom...
Romania's Economy Grows 0.5% In First Quarter
Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, a flash estimate of the country’s statistics institute showed Wed...
WB: Romania Is Europe’s Top Spender On Public Projects, But With Few Results
Romania has been Europe’s top investor in public sector projects in terms of GDP share over the past 10 years, but its investment-to-performance ratio is far from satisfactory, a senior econ...
Romania Adjusted Industrial Output 0.3% Higher In March
Romanian adjusted industrial production inched 0.3% higher in March compared with a month earlier, mainly due to higher output in the energy sector, the country’s statistics institute INS sa...
Finance Ministry Mulls Selling Bonds To Household Clients
The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-ter...
Romania Average Net Wage Rises 4.1% In March
Romanian average net salary rose 4.1% to 1,617 lei (EUR387) in March, from RON1,553 a month earlier, largely boosted by one-time bonuses, the statistics institute INS said Monday.
Industrial New Orders Rise 2.2% On Year In First Quarter
Romanian industrial new orders increased 2.2% in the first quarter compared with the year-earlier period, fueled by higher demand in most sectors, the country’s statistics institute INS said...