Macroeconomics
Romania Could Draw 15% Of EU Funds By Yearend If EC Resumes Payments
Romania could absorb “at least 15%” of European Union funds by the end of 2012 if the European Commission resumes payments in upcoming months for some of the Romanian EU-funded programs pre-...
Romania FDI Up 29% On Year To EUR1.1B In January-September
Romanian foreign direct investment, or FDI, rose 29% on the year to EUR1.1 billion in January through September, the central bank data showed Monday.
BNR: Current Account Gap Narrows To EUR3.67B In First Nine Months
Romania's current account deficit narrowed to EUR3.67 billion in the first nine months of 2012, from EUR4.78 billion a year earlier, largely due to a lower income deficit and higher current...
Romania Annual Inflation Slows To 4.96% In October
Romanian consumer prices inched up 0.29% on the month in October, but the annual inflation slowed for the first time in five months to 4.96%, from this year’s high of 5.33% in September, off...
Erste: New Deal With IMF Would Strengthen Investors’ Confidence
The setting up of a new agreement with the International Monetary Fund IMF would strengthen investors’ confidence during a difficult period, representing "good news" for the financial market...
Romania Eyes 2013 Budget Deficit Of 1.7% Of GDP
Romania plans to lower its budget deficit to 1.7% of the gross domestic product in 2013, from 2.2% of GDP envisaged for this year, deputy finance minister Liviu Voinea said Friday.
Georgescu: Romania, IMF To Discuss Follow-Up Deal In January
Romania and the International Monetary Fund will discuss the terms of a potential follow-up loan agreement at the fund’s next review mission in January 2013, Finance Minister Florin Georgesc...
Romania January-September Trade Gap Widens To EUR7.1B
Romania’s trade deficit widened to EUR7.1 billion in the first nine months of 2012, from EUR6.9 billion in the year-earlier period, the country’s statistics institute INS said Friday.
INS: Adjusted Industrial Output Up 0.6% In September
Romanian adjusted industrial production inched up 0.6% in September compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Friday.