Macroeconomics
Romania January-October Budget Gap Widens Slightly To RON7.2B
Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.58 billion) in the first ten months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday...
Romania Prognosis Commission Cuts 2012 GDP Forecast To 0.7%
Romania’s prognosis commission, or CNP, has revised downward its economic growth forecast to 0.7% in 2012, from 1.7% previously, saying it expects a negative contribution from farming output...
BNR: Romania Private Lending Down 0.6% To RON230.1B In October
Romanian private lending fell 0.6% in real terms to 230.1 billion lei (EUR50.8 billion) in October, from RON230.8 billion a month earlier, central bank data showed Monday.
Romania Needs Industry, Growth Based On Just Agriculture And Tourism Is Ridiculous Idea
Business people want to be optimistic about next year in terms of the evolution of the economy and of businesses, but they are waiting to see what measures the new government will take to im...
EU Might Increase By 50% Agriculture Funds Allotted To Romania For 2014-2020
Romania might get a 50% increase of the funds allotted through the Common Agricultural Policy (CAP) in the future EU financial framework (2014-2020), European sources told Mediafax Thursday.
EIB’s Tanasescu Says New IMF Deal Important For Romania
A new deal with the International Monetary Fund will help consolidate Romania’s position abroad and boost investor confidence, an official of the European Investment Bank said Thursday.
Tanasescu: Romania Must Step Up Reforms To Boost Growth
Romania must step up structural reform implementation and prioritize investments to fuel economic growth in 2013, an official of the European Investment Bank said Thursday.
Romania Might Veto EU Plan To Cut Fund Allocations For 2014-2020
Romania might use its right of veto if European Council President Herman van Rompuy remains firm regarding the reduction of European Union fund allocations for 2014-2020, people closed to th...
Negritoiu, ING: We Are Moving In The Right Direction, But More Things Need To Be Done
Misu Negritoiu, chairman of ING Bank Romania, says he would like to get involved in the management of EU-funded projects after ending his term and that he wants to help raise Romanians’ leve...