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Macroeconomics

Inflation Falls To Fresh Record Low Of 2.72% In January

Romanian consumer prices inched up 0.36% on the month in January, on higher prices in all sectors, but the annual inflation eased for the third straight month to a fresh record low of 2.72%,...

Florentina Dragu · 13.02.2012 · 11:17 · 1 min
What The New PM Will Have To Deal With In Terms Of Macro-Economy
Macroeconomics

What The New PM Will Have To Deal With In Terms Of Macro-Economy

The term of Romania’s new Prime Minister Mihai Razvan Ungureanu starts under tough circumstances: bad weather and recession in the euro zone.

Claudia Medrega · 13.02.2012 · 00:00 · 2 min
Macroeconomics

Fitch: November Elections Remain Focus for Romania

Recent political developments in Romania should not deflect the country from its agreed path with the International Monetary Fund and the European Union, Fitch Ratings said Friday in a repor...

Bogdan Neagu · 10.02.2012 · 17:33 · 1 min
Macroeconomics

Romania Jobless Rate Rises Slightly To 5.26% In January

Romanian unemployment rate inched up to 5.26% in January, from 5.12% a month earlier, the country’s employment agency ANOFM said Friday.

Florentina Dragu · 10.02.2012 · 15:26 · 1 min
Macroeconomics

Romania 2011 Adjusted Industrial Output +6.1% On Year

Romanian adjusted industrial production rose 6.1% in 2011 compared with a year earlier, fueled by higher output in all sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 10.02.2012 · 10:02 · 1 min
Export Growth Slows To A Halt In December
Macroeconomics

Export Growth Slows To A Halt In December

Romanian companies exported a record EUR45 billion in 2011, 20% more than the previous year. Yet shipments abroad showed signs of a slowdown in the last quarter.

Radu Bostan · 10.02.2012 · 00:00 · 3 min
Romania’s New Cabinet Wins Confidence Vote
Social/Politics

Romania’s New Cabinet Wins Confidence Vote

Romania’s new Government, led by Mihai Razvan Ungureanu, received a confidence vote in Parliament Thursday, allowing it to continue reforms pledged by the previous government under a deal wi...

Oana Gavrila · 09.02.2012 · 14:26 · 1 min
IMF Urges Romania To Renegotiate Costly Contract For Rundown Rail Line
Automotive

IMF Urges Romania To Renegotiate Costly Contract For Rundown Rail Line

The International Monetary Fund has charged Romania's Government to renegotiate the contract for the Valcea-Valcele railway line, whose value has risen four times after it was unilaterally s...

Radu Bostan · 09.02.2012 · 13:29 · 1 min
INS: Romania's Trade Gap Widened To EUR9.7B In 2011
Macroeconomics

INS: Romania's Trade Gap Widened To EUR9.7B In 2011

Romania’s trade deficit widened slightly to EUR9.72 billion in 2011, from EUR9.53 billion a year earlier, the country’s statistics institute INS said Thursday.

Florentina Dragu · 09.02.2012 · 10:01 · 1 min