Macroeconomics
Economic Crisis Will Last For At Least Ten Years - RBS Romania CEO
The economic crisis most countries are currently facing will last for at least a decade, if one looks at similar situations in history, RBS Romania CEO Henk Paardekooper said Wednesday at th...
Romania's Public Debt Widens To RON236.7B In April
Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website.
BNR: Romania FDI Falls To EUR446M In Jan-Apr
Romanian foreign direct investment, or FDI, fell to EUR446 million in the first four months of 2012 from EUR490 million in the same period a year ago, the central bank said Friday.
BNR: Current Account Deficit At EUR1.23B In Jan-Apr, Down 23.7% On Year
Romania's current account deficit narrowed to EUR1.23 billion in the first four months from EUR1.61 billion in the same period of 2011, due mainly to the increase in the current transfers’ s...
Exports To Markets Outside The EU Are Key To Returning To GDP Growth Above 4%
Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the...
World Bank Reduces Romania's Economic Growth Forecast To 1.2% In 2012
The World Bank has revised downward its forecast on Romanian economic growth to 1.2% in 2012 from 1.5% previously, warning developing countries to "prepare for a long period of volatility in...
INS: Trade Gap Widens To EUR2.6B In January-April
Romania’s trade deficit widened to EUR2.57 billion in the first four months of 2012, from EUR2.49 billion in the year-earlier period, the country’s statistics institute INS said Monday.
Romanian Inflation Flat At 1.8% In May
Romanian consumer prices inched up 0.2% on the month in May, while the annual inflation stabilized at 1.79% after six consecutive months of easing, official data showed Monday.
INS: Adjusted Industrial Output +1.1% On Month In April
Romanian adjusted industrial production inched up 1.1% in April compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Monday.