Macroeconomics
Bode: Romania, IMF To Revisit List Of Companies Up For Privatization
Romania and the International Monetary Fund will hold a new round of talks regarding the state companies proposed for privatization or listing on the Bucharest Stock Exchange, Economy Minist...
Adjusted Construction Works +1.7% On Month In February - INS
Romanian construction works rose 1.7% on the month in February, fueled by increased activity in most sectors, the statistics institute INS said Friday.
Romania's Power Output Down 21% On Year In First 2 Months
Romanian energy output fell 21.1% on the year to 5.1 million tons of oil equivalent in the first two months, hit by falling production in the hydropower sector, official data showed Friday.
Romania February Industrial Sales +1.1% On Month
Romanian industrial sales inched up 1.1% on the month in February, on rising demand in manufacturing, the country’s statistics institute INS said Friday.
INS: Industrial New Orders Fall 15% On Month In February
Romanian industrial new orders fell 15% on the month in February, largely due to a 28% decline in intermediate goods orders, the statistics institute INS said Friday.
EU Funding Disaster: Only EUR194M Absorbed In Three Months, A Quarter Of Target
In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million.
Romania Could Hike Gas, Energy Royalties Or Taxes - Sources
The Romanian authorities are contemplating raising oil and natural gas royalties or increasing the taxes levied on gas and power producers once the administered prices are deregulated, gover...
Privatization Money Will Be Wasted Unless Spent On Real Projects
Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...
BRD Cuts Romanian Economic Growth Forecast To 1.9% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowd...