Macroeconomics
Romania FDI Up 55% On Year To EUR941M In January-August
Romanian foreign direct investment, or FDI, rose 55% on the year to EUR941 billion in January through August, the first increase since the end of 2008, central bank data showed Monday.
BNR: Romania's Current Account Deficit Narrows To EUR3.12B In First Eight Months
Romania's current account deficit narrowed to EUR3.12 billion in the first eight months of 2012, from EUR4.05 billion a year earlier, largely due to a lower income deficit and higher current...
Tanasescu, EIB: Romania Needs A Third, More Flexible, Agreement With IMF And EU
Romania will need a new and more advanced agreement with the International Monetary Fund and the European Commission next year and, by accelerating the reforms agreed upon with its external...
Eurostat: Romania August Industrial Output Falls At 3rd Fastest Pace In EU
Romania’s industrial production fell 1.1% on the month in August, the third largest decline in the European Union, official data showed Friday.
Government: Inflation May Overshoot Target In 2012
Romania’s year-end inflation may surpass the 4% upper end of the central bank’s target band, the government said in an economic report on the 2012 indicators.
Leu Reverses Early Gains Vs Euro, Exchange Rate Hits 2-Mo Low Of 4.5698
Romania’s leu reversed earlier gains versus the euro by midday Thursday and the exchange rate weakened to 4.5698 units, the lowest rate in over two months.
Inflation Jumps To 5.33% In September
Romania’s annual inflation continued to accelerate for a fourth straight month in September as consumers paid by over two percent more for food items, official data showed Wednesday
IMF Sees Flat Or Negative Credit Growth In Romania, Other CEE Countries
Euro area banks are targeting lower loan-to-deposit ratios and less cross-border funding in Central and Eastern Europe, leading to flat or negative near-term credit growth in the region, par...
INS: Romania's Industrial Output Down 1.1% In August
Romanian adjusted industrial production fell 1.1% in August compared with a month earlier, on lower output in most sectors, the country’s statistics institute INS said Wednesday.