Macroeconomics
BNR: Private Lending Inches Up To RON223.8B In March
Romanian private lending inched up 0.5% in real terms to 223.8 billion lei (EUR51.38 billion) in March, from RON222.7 billion a month earlier, central bank data showed Wednesday.
Romania On Track To Exit Excessive Deficit Procedure
Romania has reduced its ESA95 budget deficit to 2.9% of the gross domestic product in 2012, from a gap of 5.6% a year earlier, which should allow it to exit the European Union’s excessive de...
Romanian Government Expects GDP Growth Of Less Than 3% In 2013-2016
The Romanian Government fails to come with an ambitious and a coherent strategy to stimulate GDP growth, planning economic growth of less than 3% per year in between 2013 and 2016, according...
Fitch Affirms Romania At BBB-, With Stable Outlook
Fitch Ratings Thursday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as a poor growth outlook and structural shortcomings hindered a potential up...
Romania To Move Some Of Its European Trade Offices To South America, Asia
Romania’s Economy Ministry will move some of the country’s trade missions in Europe to Vietnam, Indonesia, Brazil and Mexico, Economy Minister Varujan Vosganian said Thursday.
IMF Cuts Romania’s Economic Growth Forecast To 1.6% From 2.5%
The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012.
Romania Forgoes Deadline For Euro Adoption - Sources
The new convergence program Romania’s government will send to the European Commission will not state a deadline for the euro adoption, people familiar with the matter told Mediafax Wednesday...
BNR: Romania FDI Down To EUR163M In January-February
Romanian foreign direct investment, or FDI, fell to EUR163 million in the first two months, from EUR192 million in the year-earlier period, the central bank said Monday.
Romania Runs EUR327M Current Account Surplus In First Two Months
Romania's current account balance posted a surplus of EUR327 million in the first two months, versus deficit in the same period of 2012, helped by a surplus in the services segment and lower...