Macroeconomics
INS: Romania December PPI +0.4% On Month, +7% On Year
Romania’s industrial producer price index inched up 0.4% in December from the previous month, backed by increases in most sectors, the country’s statistics institute INS said Thursday.
Romania Forex Reserves Fall To EUR32.7B In January
Romanian foreign exchange reserves fell to EUR32.69 billion in January from EUR33.2 billion a month earlier, central bank data showed Wednesday.
Romania Agrees To Tighter Fiscal Discipline
Heads of state and of government in the European Union have sought once again in Brussels to prove to markets that they can work together to find solutions to the debt crisis. Politicians, a...
INS: Romania December Unemployment Rate Down To 7%
Romania's unemployment rate was at 7% in December, down from 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Romania To Include EU Fiscal Rules In Constitution By End-2013 – President
Romanian President Traian Basescu said late Monday, after the European Council informal meeting in Brussels, that Romania needs to adopt the EU financial stability treaty through its Constit...
IMF: Romania's Economic Growth Not Enough To Improve Living Standards
Romania’s economy expanded by 2.5% in the last three months of 2011, the fourth consecutive quarterly growth, but the recovery is not enough to make a lasting imprint on the quality of life...
Romanian PM, IMF To Negotiate Raising Public Wages, Pensions As Of April
Romanian Prime Minister Emil Boc will negotiate a potential raise in public wages and pensions with the International Monetary Fund, leaders of the country’s ruling coalition decided Monday.
INS: Executives See Stable Industry, Services; Decline In Retail And Constructions In 1Q
Romanian managers expect relative stability in the manufacturing sector and services, a moderate decline in retail, and a stronger drop in construction in the first quarter this year, a poll...
Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs s...