Macroeconomics
Isarescu Says Another IMF Deal May Send The Wrong Message
Romania shouldn’t seek a new financial agreement with the International Monetary Fund once the current one ends in 2013, because it would send a negative signal to the markets, central bank...
New Government Might Lower Social Security Contributions
The governing program of the Cabinet proposed by Prime Minister Designate Mihai Razvan Ungureanu will include wage raises, to be achieved either directly or by lowering social security contr...
Romania's 2011 Power Output +1.6% On Year
Romanian power output inched up 1.6% on the year to 23.45 million tons of oil equivalent in 2011, on higher production in most sectors, official data showed Wednesday.
Romania Industrial New Orders Up 13.4% On Year In 2011
Romanian industrial new orders rose 13.4% on the year in 2011, boosted by increases in all sectors, the country’s statistics institute INS said Wednesday.
INS: Romania 2011 Industrial Sales Rise 15.6% On Year
Romanian industrial sales rose 15.6% in 2011 from a year earlier, fueled by increases in all sectors, the country’s statistics institute INS said Wednesday.
Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
Romanian economy was severely hit by a sharp decline in foreign investments after 2008 and the poor absorption rate of European structural funds has only deepened the country’s recession, ce...
BNR Head: Changing Governments Can Be Stressful To Markets
Replacing the government of a country can be a stressful factor for the financial markets, but if resolved swiftly, it may be easily digested by investors, central bank governor Mugur Isares...
Romania Central Bank Hikes 2012 Inflation Forecast To 3.2%
Romania's central bank Monday revised upward its forecast on the year-end inflation to 3.2% in 2012, from 3%, citing less favorable base effects than previously estimated.
Capital Economics: Romania More Vulnerable To Euro Crisis Contagion
Romanian government’s resignation is bound to impact the local financial markets on the short term, leaving the country more vulnerable to contagion from the eurozone unless the situation is...