Macroeconomics
Foreign Investments Continue Freefall. From A Peak Of EUR9.5B In 2008 To Just EUR1.6B In 2012
Romanian foreign direct investment, or FDI, fell 11.1% on the year to EUR1.61 billion in 2012, the central bank said Tuesday.
BNR: Romania's Current Account Deficit Narrows To EUR5.04B In 2012
Romania's current account deficit narrowed 15.1% to EUR5.04 billion in 2012, from a gap of EUR5.94 billion a year earlier, largely due to reduced income and trade deficits, central bank data...
Romania Inflation Jumps To 18-Month High On Tobacco, Energy Costs
Romania’s annual inflation accelerated for a second straight month in January to its highest rate since mid-2011, as rising tobacco prices and a substantial hike in electricity bills prevent...
Bad Loans Bring Romanian Banking System Loss To RON2.1B
In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing.
INS: Romania's Trade Deficit Narrows Slightly To EUR9.6B In 2012
Romania’s trade deficit narrowed to EUR9.56 billion in 2012, from EUR9.67 billion a year earlier, as both exports and imports decreased slightly, the country’s statistics institute INS said...
INS: Romania Adjusted Industrial Output Up 0.3% In 2012
Romanian adjusted industrial production inched up 0.3% in 2012 compared with the previous year, on higher output in the mining and energy sectors, the country’s statistics institute INS said...
BNR Keeps 2013 Inflation Forecast At 3.5%
Romanian central bank maintains its forecast on the year-end inflation unchanged at 3.5% in 2013, despite higher prices expected in the first half of the year, the bank’s chief Mugur Isaresc...
Parent Banks Cut Exposure To Romania By 8% Since March 2009
The parent banks of the Romania’s largest nine lenders have reduced their exposure to the country by 8% since March 2009, central bank deputy governor Cristian Popa said Thursday.
ANOFM: Romania Jobless Rate Rises To 5.8% In January
Romania's unemployment rate rose to 5.82% in January, from 5.59% a month earlier, the country’s employment agency ANOFM said Wednesday.