Macroeconomics
Romania Unemployment Rate Down To 6.7% In November
Romania's unemployment rate fell to 6.7% in November 2012 from 6.9% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Retail Sales Bounce Back In November
Romanian adjusted retail sales rose 2% in November from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday.
Isarescu: Romania Won’t Need Austerity Measures In 2013, But Fiscal Discipline Required
Romania will no longer use austerity fiscal policies this year but needs financial discipline, especially regarding public spending, central bank governor Mugur Isarescu said Monday.
Romania Central Bank Keeps Key Rate Unchanged At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the sixth consecutive meeting Monday, in line with expectations, despite a lower inflation in November.
Ponta Dismisses INS Head Vergil Voineagu
Romanian Prime Minister Victor Ponta has dismissed the country’s statistics institute INS president Vergil Voineagu, who will be replaced by Beatrix Gered in an interim capacity.
Ponta: Parliament To Meet In Extraordinary Session Starting January 21 To Adopt 2013 Budget
Romania’s Parliament will convene an extraordinary session on January 21 to approve the draft state budget for 2013 and other bills that must be adopted with urgency, Prime Minister Victor P...
Ponta Reacts To "Huge" Statistics Mistake With Impact On 2013 Budget
Romania’s national statistics institute INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to...
Romanian November PPI -0.9% On Month, +5.4% On Year
Romania’s industrial producer price index fell 0.9% in November compared with a month earlier, on decreasing prices in the mining and manufacturing sectors, the country’s statistics institut...
Tourist Arrivals In Romania Up 8% On Year In November 2012
Tourist arrivals in Romania rose 8% in November 2012 from the year-earlier month, while overnight accommodations were up 2.2% on the year, the statistics institute said Friday.