Macroeconomics
Romanian September Industrial Sales Rise 5.4% On Month
Romanian industrial sales rose 5.4% in September from a month earlier, fueled by growing demand in the manufacturing sector, the country’s statistics institute INS said Friday.
Industrial New Orders Up 12.4% On Month In September - INS
Romanian industrial new orders rose 12.4% on the month in September, fueled by higher demand in all sectors, data from the statistics institute INS showed Friday.
Romania Wants New Deal With IMF In 2013
Romanian President Traian Basescu Thursday said his country plans to obtain a new loan agreement with the International Monetary Fund once the existing one ends in April 2013.
IMF Sees Modest Growth In Romania In 2013
The International Monetary Fund estimates Romania will post only a modest economic growth in 2013, due to delays in EU fund absorption and implementation of structural reforms, IMF mission c...
IMF: Romania Made Good Progress On Budget Deficit
Romania has made good progress on lowering its budget deficit toward 3% of the gross domestic product in 2012, which will create the premises for a ”normalization of the fiscal policies” sta...
Romania To Delay CFR Marfa Privatization, Transgaz SPO - Sources
Romanian President Traian Basescu and Prime Minister Victor Ponta agreed on Wednesday to delay the privatization of state-run freight rail company CFR Marfa, as well as a secondary offering...
Ponta: Romania Budget Gap Widens Slightly To 1.2% Of GDP In October
Romania’s consolidated budget posted a deficit of 1.2% of the gross domestic product at the end of October, modestly wider from a gap of 1.18% a month earlier, Prime Minister Victor Ponta sa...
EU Cuts Romania GDP Growth Forecast To 0.8% In 2012
The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertai...
EBRD: Romania Needs A Better Business Climate, Speedier Privatizations
Stimulating investments and stepping up the privatization program should be among Romania’s top priorities in 2013, the European Bank for Reconstruction and Development said Wednesday.