Macroeconomics
Georgescu: Banking System Is Solid, No Need For Bridge Bank
Romania has a solid, well-capitalized banking system and it is unlikely that the central bank will have to use its recently introduced bridge bank any time soon, despite the deteriorating si...
BNR: Romania FDI Falls To EUR425M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR425 million in the first quarter of 2012 from EUR444 million in the same period a year ago, the central bank said Wednesday.
Romania 1Q Current Account Deficit Narrows To EUR544M
Romania's current account deficit narrowed to EUR544 million in the first quarter from EUR967 million in the same period of 2011, due mainly to the increase in the current transfers’ surplus...
EU Funds Help The Economy With EUR173M In April
April was the best month this year for the absorption of EU funds, with EUR173 million going into the economy.
Romania’s Economy Weathers The Snow In First Quarter
Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared with the fourth quarter of 2011.
Romania Seeks EUR1B Safety Net From World Bank
Romanian government Wednesday will approve taking a EUR1 billion precautionary loan from the World Bank to be used in case of emergency, Prime Minister Victor Ponta said.
Erste: Romanian Economy At Risk From Eurozone
Continuing downward pressure on exports from the eurozone and a generally bleak international climate are likely to affect Romania’s economy in the second quarter, tilting the scales to the...
Romania 1Q GDP Expands At 7th Fastest Pace Year-on-Year In EU
Romanian economy grew at the seventh fastest pace in the European Union in the first quarter of 2012 compared with the similar period a year before, official data showed Tuesday.
Romania’s Economy Back Into Recession. GDP Shrinks In The First Quarter
Romania’s economy shrank in the first three months of 2012 compared with the previous quarter, a flash estimate from the country’s statistics institute INS said Tuesday.