Macroeconomics
Romania Jan-Nov Current Account Deficit Narrows To EUR4.2B
Romania's current account deficit narrowed 6.6% to EUR4.23 billion in the first eleven months of 2011, from a gap of EUR4.53 billion in the year-earlier period, due mainly to shrinking trade...
Nokia’s Departure Causes Chain Reaction In Romanian Economy
Nokia's departure was one of the worst news of 2011, as Romania loses one of its largest exporters and a major temporary work provider. But the worst may be yet to come.
Eurostat: Romania November Industrial Output Rises At 4th Fastest Pace In EU
Romania’s industrial production rose 3.3% on the year in November, the fourth biggest increase in the European Union, official data showed Thursday.
IMF Team To Visit Romania January 25 - February 6
A delegation of the International Monetary Fund will visit Romania between January 25 and February 6 for the fourth review of a EUR3.5 billion precautionary agreement signed last spring.
HSBC: Romanian Economy Will Overtake Norwegian One By 2050
Romania’s economic growth over the next 40 years will be comparable to that of Brazil, Russia or Turkey, according to a research of HSBC, one of the largest banks in Europe. So, in 2050 the...
Romania Average Net Wage Up To RON1,491 In November
Romanian average net salary rose 2.3% to 1,491 lei (EUR341) in November, from RON1,457 a month earlier, the statistics institute INS said Wednesday.
Adjusted Construction Works +3% On Month In November - INS
Romanian construction output rose 3% on the month in November, after a 1.5% decrease in October, the statistics institute INS said Wednesday.
Inflation Falls To 3.14% In December, Within Central Bank Target
Romanian consumer prices inched up 0.23% on the month in December, on higher prices all across, but the annual inflation eased for the second straight month to 3.14%, a new record low in ove...
Industry Sees Weak Rise In November. Some Analysts Expect Decline In 1Q
Industrial output, one of the main economic indicators, continued its upward trend in November 2011, but at a much slower rate. It was one of the weakest year-on-year rises, as external dema...