Macroeconomics
Romanian Economy Expected To Shrink In 1Q - Survey
Romania's economy has probably slid into technical recession in the first quarter, after shrinking 0.2% in the last three months of 2011, according to estimations from market analysts.
Romania Ups 2012 Public Debt Forecast To 34.2% Of GDP
The Romanian government revised upward its forecast on the public debt to 34.2% of the gross domestic product, from 33.9% of GDP previously, according to the country’s latest convergence pro...
Where Is The Leu Exchange Rate Going?
The leu depreciated on Friday to a historic low, only to fall to a fresh low of 4.437 per euro on Monday and Romanians with installments to pay in euros are looking fearfully at the rates di...
Analysts: Romania Central Bank Likely To Move In Force If Leu Weakens Above 4.46 Vs Euro
Romania's central bank is unlikely to allow a too steep depreciation of the leu against the euro and could step in aggressively to protect the national currency and remind investors of the p...
EU Cuts Romania GDP Growth Forecast To 1.4% In 2012
The European Commission revised its forecast on Romanian economic growth to 1.4% in 2012 from 1.6% previously, saying it expects exports will have a negative contribution due to financial an...
INS: First Quarter Adjusted Industrial Output Inches Up 0.5% On Year
Romanian first quarter adjusted industrial production inched up 0.5% from the year-earlier period, on higher energy output, the statistics institute INS said Friday.
Romanian Inflation Hits New Record Low Of 1.8% In April
Romanian consumer prices inched up 0.07% on the month in April, but the annual inflation eased for a sixth consecutive month to a fresh all-time low of 1.8%, official data showed Friday.
Central Bank Worried About Capital Outflows From Banking Market
The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become t...
First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down
The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first quarter of the year, according to data release...