Macroeconomics
Analysts Expect GDP Growth Of 2.4%-3% For 2011
Most analysts estimate the economy slowed down in the fourth quarter of last year as a result of the significant deterioration of the industry growth rate amid a slowdown of western economie...
Moody's: Romania's New Cabinet Unlikely To Deviate From IMF Reforms
Romania’s newly formed government is likely to continue the country’s economic and fiscal program under a EUR5 billion loan from the International Monetary Fund and the EU, a report from Moo...
Romanians Remain Pessimistic About Economic Outlook - Survey
Romanians remain pessimistic about the country’s economic outlook for the next twelve months, but consumers are more inclined to open their purses than they were in the second half of 2011,...
Romania To Fund Investments Yielding Immediate Benefits
State budget funds will be prioritized and directed toward investment projects that can be carried through and bring immediate benefits, while the remaining funds will be earmarked for progr...
Eurostat: Romania December Industrial Output Rose At 6th Fastest Pace In EU
Romania’s industrial production rose 1.9% on the year in December 2011, the sixth biggest increase in the European Union, official data showed Tuesday.
Disastrous Start For EU Absorption: Not A Single Euro Drawn In January
Not one euro refunded by the EU from the structural and cohesion funds. This is what the first month of the year looked like, a year in which the Romanian authorities plan to attract EUR6 bi...
Romania's Economy Loses Hundreds Of Millions Of Euros With Every Week Of Cold Weather
Half the economy is frozen as a result of tens of roads being blocked in southern Romania, and railway disruptions, Danube transport being halted, the slowdown of construction work and the r...
BNR: Foreign Direct Investments Fall To EUR1.9B In 2011
Romanian foreign direct investment, or FDI, fell 13.6% on the year to EUR1.9 billion in 2011, the central bank said Monday.
Romania 2011 Current Account Gap Widens To EUR5.7B
Romania's current account deficit widened slightly to EUR5.68 billion in 2011, from a gap of EUR5.52 billion a year earlier, largely due to a higher income deficit, central bank data showed...