Macroeconomics
INS: Romania Unemployment Rate Rises To 7.5% In March
Romania's unemployment rate was at 7.5% in March, up from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.
Romanian Consumer Confidence Rises Slightly In 1Q, Consumers Still Pessimistic - Survey
Consumer confidence increased slightly in Romania in the first quarter of 2012 compared with the last three months a year ago, but the country remains among the world’s pessimistic markets,...
PM-Designate Victor Ponta Wants To Boost Wages And The Deficit Target Agreed With The IMF
Prime Minister-designate Victor Ponta said, after the “informal” talk with the joint delegation of the International Monetary Fund, the European Commission and the World Bank, that there are...
IMF, EC Expect Romania’s New Cabinet To Fulfill Its Commitments Toward International Partners
The International Monetary Fund and the European Commission have high hopes that Romania’s new Cabinet will fulfill its commitments toward international partners, according to a press releas...
Erste: Romania To Continue IMF Agreement, As EU Fiscal Pact Leaves Few Options
Romania will continue the agreement with the International Monetary Fund and the European Union, because is has few alternatives in the context of the new European fiscal pact, Erste Group s...
Erste: Romania Better Off Without Technocrat Government In Long-Run
A government headed by Social-Democrat Victor Ponta could be a better alternative for Romania’s long-term political stability than a technocrat government, Austria’s Erste Group Bank AG (EBS...
Moody’s: Romania Outlook Incorporates ‘Fair Degree’ Of Political Uncertainty
Moody’s sovereign outlook on Romania came with a built-in leniency for persistent political uncertainty ahead of the parliamentary elections in the fall, and the government’s collapse should...
IMF Halts Negotiations In Romania After Government Falls
The International Monetary Fund will suspend negotiations with the Romanian authorities on the coming economic and financial criteria under a EUR3.6 billion loan agreement signed last year u...
INS Survey: Romanian Economic Activity To Pick Up In 2Q
Romanian companies estimate economic activity will pick up in the second quarter of 2012 from a quarter before, the statistics institute INS said in a survey Friday.