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Tourist Arrivals In Romania Up 9.6% On Year In October
Macroeconomics

Tourist Arrivals In Romania Up 9.6% On Year In October

Tourist arrivals in Romania rose 9.6% in October from the year-earlier month, while overnight accommodations were up 5.4% on the year, the statistics institute said Monday.

Neagu Bogdan Mircea · 03.12.2012 · 10:00 · 1 min
INS: Romania 3Q Net Investment +16% On Year To RON20.3B
Macroeconomics

INS: Romania 3Q Net Investment +16% On Year To RON20.3B

Romanian net investments rose 16% to 20.28 billion lei (EUR4.5 billion) in the third quarter from the year-earlier period, on increasing activity across the board, the country’s statistics i...

Neagu Bogdan Mircea · 03.12.2012 · 10:00 · 1 min
Price Of Stronger Leu: Leu Interest Rates Reach Year High
Banks-Insurance

Price Of Stronger Leu: Leu Interest Rates Reach Year High

The leu last week recovered some of the ground it lost against the euro in recent months. Its newfound strength came at the cost of an increase in interbank rates at the highest level this y...

Oana Gavrila · 03.12.2012 · 07:46 · 2 min
State Budget To Be Sent To Parliament For Approval By November 15 - Bill
Banks-Insurance

State Budget To Be Sent To Parliament For Approval By November 15 - Bill

Romania’s Government wants to extend by a month the deadline by which the annual state budget must be sent to the Parliament for approval.

Ioana Tudor · 29.11.2012 · 19:52 · 1 min
INS: Romania Unemployment Rate Down To 6.9% In October
Macroeconomics

INS: Romania Unemployment Rate Down To 6.9% In October

Romania's unemployment rate fell to 6.9% from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday.

Neagu Bogdan Mircea · 29.11.2012 · 10:00 · 1 min
European Commission Resumes Payments For Romania’s SOP Environment
Social/Politics

European Commission Resumes Payments For Romania’s SOP Environment

The European Commission decided Wednesday to resume the payments for Romania’s Sectorial Operational Programme-Environment, which had been blocked in July, the EC’s local unit said in a stat...

Manuela Panescu · 28.11.2012 · 16:53 · 1 min
INS: Housing Permits Down 5.7% On Month In October
Macroeconomics

INS: Housing Permits Down 5.7% On Month In October

Romanian housing permits fell 5.7% to 3,320 units in October, from 3,521 units a month earlier, the country’s statistics institute INS said Wednesday.

Neagu Bogdan Mircea · 28.11.2012 · 10:10 · 1 min
Bleak Outlook For Constructions Sector In Nov ‘12-Jan ‘13
Macroeconomics

Bleak Outlook For Constructions Sector In Nov ‘12-Jan ‘13

Romanian companies expect activity in construction will continue to decline in the November-January period, but prices in the economy are seen rising, the statistics institute INS said in a...

Neagu Bogdan Mircea · 28.11.2012 · 10:00 · 1 min
Ponta: Romania Keeps Euro Adoption As Main Target
Banks-Insurance

Ponta: Romania Keeps Euro Adoption As Main Target

Prime Minister Victor Ponta said Tuesday that Romania keeps the euro adoption as its main objective, but, he added, it will join the eurozone when it is fully ready, to steer clear of the di...

Ecaterina Craciun · 27.11.2012 · 14:59 · 1 min