Macroeconomics
Gaps Between Romania And Western Europe May Become Growth Drivers
Romania is at the bottom of the European Union rankings by gross domestic product, gross domestic product per capita or average wage. These are but the most obvious of the rankings, though....
Romania 2011 Budget Gap Narrows To 4.35% Of GDP, Below IMF Target - Sources
Romanian consolidated budget posted a deficit of 4.35% of the gross domestic product in 2011, just shy of the government’s target of 4.4% of GDP agreed with the International Monetary Fund,...
Romania Walks A Tight Rope Amid Riots
The modicum of stability and good image that Romania boasts in investors’ eyes, which it strove hard to achieve through tough austerity measures and by being the IMF’s diligent student, coul...
Romanian Leu, Stocks Unfazed After Street Protests, May Falter If Things Escalate
Violent protests that left 59 Romanians injured over the weekend had no effect on the local financial markets so far, but an escalation may lead to the government’s collapse and implicitly t...
ING: Pre-Election Spending To Mitigate Romanian GDP Drop In 1H
Romania might be able to fend off some of the external pressure following the economic downturn in the euro zone in the first half of 2012, aided by pre-election spending, but the boost will...
EUR6B Dissipated Each Year In Healthcare System
The tensions generated by the reform of the health system reached maximum highs, with people taking to the streets, but there is still a need to clarify the lack of transparency in the spend...
Romania's Financing Costs May Increase After S&P Cut Euro Zone Ratings
An increase in euro financing costs and a higher leu/euro exchange rate volatility could be the first effects of rating agency Standard & Poor’s (S&P) decision to downgrade nine euro zone co...
ANOFM: Romania December Jobless Rate Slightly Up At 5.12%
Romanian unemployment rate inched up to 5.12% in December, from 5.06% a month earlier, the country’s employment agency ANOFM said Friday.
BNR: Romania FDI At EUR1.6B In Jan-Nov 2011, Down 36% On Year
Romanian foreign direct investment, or FDI, fell 36% on the year to EUR1.64 billion in the first eleven months of 2011, the central bank said Friday.