Macroeconomics
Romania Exempts EU From Refunding VAT For Operational Projects In Transport Sector
The Romanian Government has decided the value added tax (VAT) for projects within the Transport Sector Operational Program will no longer be considered eligible cost compensated from Europea...
Ungureanu: Romania Will Become Moldova’s Main Economic Partner
Romania will become the main economic partner of the Republic of Moldova after the completion of several privatization procedures, Romanian Prime Minister Mihai Razvan Ungureanu said Saturda...
Romanian FinMin: New Fiscal Treaty To Prevent Fiscal Slippages
The decision to sign the European Union’s new fiscal stability treaty reflects Romania’s commitment to strengthen its public finances and implement healthy policies, Finance Minister Bogdan...
Basescu: Romania To Replace Short-Term Debt With Longer-Term Treasuries
Romania aims to change the structure of its public debt and plans to extend the maturity of its securities to avoid short-term upside pressures on the state budget, President Traian Basescu...
Romania, 24 Other EU States Sign Fiscal Pact
Twenty-five EU countries, except the United Kingdom and Czech Republic, on Friday signed up for a new fiscal stability pact for tougher Brussels scrutiny of their economic plans.
INS: Housing Construction Falls 7.8% In 4Q/2011
Romanian housing construction fell 7.8% to 15,372 units in the fourth quarter of 2011 from the year-earlier period, due to declining activity in both urban and rural areas, the country’s sta...
Consumption Picks Up In January. Adjusted Retail Sales Up 3% On Month
Romanian adjusted retail sales rose 2.9% in January compared with a month earlier, largely fueled by growing demand in all sectors, the statistics institute INS said Friday.
Tourist Arrivals In Romania Up 16% On Year In January
Tourist arrivals in Romania rose 16% in January from the year-earlier month, the statistics institute INS said Friday.
INS: Industrial Prices Inch Up In January
Romania’s industrial producer price index inched up 0.7% in January from a month earlier, fueled by growth in most sectors, the country’s statistics institute INS said Friday.