Macroeconomics
Romania January Construction Output Rises At 2nd Fastest Pace In EU
Romanian adjusted construction output rose 14.9% on the year in January, the second largest increase in the European Union, official data showed Monday.
Romania To Become Net Exporter Of Agri-Food Products This Year
Romania will become a net exporter of agri-food products by yearend for the first time in 22 years, now that the deficit of its trade in such products, which stood at EUR300 million in 2011,...
Three Quarters Of Public Job Cuts Done By Retirement
Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as t...
7,000 Individual Farmers Own 8% Of Romania’s Arable Land
Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these pe...
Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs
The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed wi...
Romania January Industrial Output Rises At 6th Fastest Pace In EU
Romania’s industrial production rose 2.1% on the year in January, the sixth biggest increase in the European Union, official data showed Wednesday.
Foreign Investments In Freefall: Just EUR23M In January
Romanian foreign direct investment, or FDI, fell to EUR23 million in January from EUR376 million in the same month a year before, the central bank said Tuesday.
BNR: Romania's Current Account Deficit Narrows To EUR37M In January
Romania's current account deficit narrowed to just EUR37 million in January from EUR139 million in the same month a year earlier, due mainly to the increase in current transfers surplus and...
Exports Rose By 1.4% In January After 20% Rise Last Year
Exports rose in January by just 1.4% in euro terms compared with the same month a year ago, affected by the demand decline in the euro zone, the main market for Romanian products, as well as...