Macroeconomics
Analysts See Romania's Annual Inflation Easing To 2.2% In April
Romanian annual inflation rate has likely eased further to a fresh low of 2.2% in April, according to a median forecast of the country’s association of financial and banking analysts AAFBR.
Romanian Privatization Calendar Sidetracked, Says IMF
The planned privatizations of state companies in Romania have been sidetracked following a series of unsuccessful auctions and the country should now focus on a shorter list of six enterpris...
IMF: Romanian Economy On Track, Except For Government Arrears
Romania met most of its quarterly targets under a EUR3.5 billion loan agreement with the International Monetary Fund, excepting in the general government arrears sector, IMF mission head Jef...
Ponta Reiterates Second Public Wage Raise Will Be In December
Romanian Prime Minister Victor Ponta reiterated Wednesday that a second raise in public wages will be granted as of December, after IMF mission head Jeffrey Franks said wages would be fully...
IMF, Romania Agree On New 2012 Budget Deficit Target
Romania and the International Monetary Fund have agreed to increase the budget deficit target to 2.2% of the gross domestic product in 2012, from 1.9% of GDP previously, IMF mission chief Je...
Romania's Power Output Down 18.8% On Year In First Quarter
Romanian energy output fell 18.8% on the year to 7.94 million tons of oil equivalent in the first quarter, hurt by falling production in the hydropower sector, official data showed Wednesday...
INS: Romania Industrial Sales Up 1.4% On Year In 1Q
Romanian industrial sales inched up 1.4% on the year in the first quarter, fueled by higher sales in all sectors, the country’s statistics institute INS said Wednesday.
INS: Romania's Trade Gap Widens To EUR1.7B In First Quarter
Romania’s trade deficit widened to EUR1.69 billion in the first quarter, from EUR1.5 billion in the year-earlier period, the country’s statistics institute INS said Wednesday.
INS: Adjusted Construction Works Down 8.8% On Month In March
Romanian construction works fell 8.8% on the month in March, due to reduced activity in most sectors, the statistics institute INS said Wednesday.