Macroeconomics
Coface: Romania Economy To Grow 1% In 2013
Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Cofac...
Government Approves Amendments To Tax Code, Minimum Wage Increase
Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation i...
Romania May Exit EU’s Excessive-Deficit Procedure By June - FinMin
Romania’s harsh cost-cutting measures implemented in 2009-2011 are finally paying off and the country could exit the European Union’s excessive-deficit procedure in May or June this year, th...
Romania Raises EUR502.5M In Eurobond Sale; Yield Hits Record Low
Romania’s Finance Ministry Tuesday raised EUR502.5 million at its first euro-denominated bond sale of 2013, more than thrice the planned amount, with the average yield dropping to a record l...
IMF Softens Government Optimism. Budget Now Based On "More Cautious" Growth
Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World B...
Romania Revises Down 2013 GDP Growth Forecast To 1.6%
Romania’s government Monday revised down its economic growth forecast to 1.6% in 2013, from 1.8% initially, according to this year’s draft budget.
EBRD Cuts Romania GDP Growth Forecast To 1.4% In 2013
The European Bank for Reconstruction and Development Monday revised downward its forecast on Romania’s economic growth to 1.4% in 2013, from 1.9% previously.
Franklin Templeton Sees Romania Economy Growing More Than 1% In 2013
Rebounding consumption and sustained investments may aid Romania’s economy to grow more than 1% in 2013, from around 0.7% estimated last year, according to estimates from Franklin Templeton...
Romania January-November FDI Rises 4% To EUR1.44B
Romanian foreign direct investment, or FDI, rose 3.8% on the year to EUR1.44 billion in January through November 2012, from EUR1.38 billion a year earlier, central bank data showed Friday.