Macroeconomics
Agriculture Contributed EUR19B To 2011 GDP, 2012 Doesn’t Look Nearly As Good
The agricultural sector contributed almost EUR19 billion to the Romanian gross domestic product in 2011, according to the estimates of Raiffeisen Bank’s research unit based on preliminary da...
EU Members With Low Foreign Debt May Exceed Structural Deficit Limit
Romania's Minister of European Affairs, Leonard Orban, said Tuesday that a suggestion was made in the negotiations on the future inter-government treaty, whereby states with foreign debt bel...
Romanian November Industrial New Orders Rise 5.7% On Month
Romanian industrial new orders rose 5.7% on the month in November 2011, on higher demand in most sectors, the statistics institute INS said Tuesday.
November Industrial Sales Up 1.1% On Month - INS
Romanian industrial sales rose 1.1% on the month in November 2011, on higher demand in all sectors, the country’s statistics institute INS said Tuesday.
INS: Adjusted Industrial Output +0.3% On Month In November
Romanian adjusted industrial production inched up 0.3% in November 2011 compared with a month earlier, fueled by higher output in the energy sector, the country’s statistics institute INS sa...
Romania Needs To Advertise Abroad To Raise Funds, Says Deputy FinMin
Romania’s big challenge this year will be to advertise on the international market, so that it would differentiate itself from countries in trouble in the region and borrow at reasonable ter...
Romanian Court Of Accounts: Authorities Paid EU Funds For Unnecessary Work, Without Contracts
Romania paid more than EUR1 million from the European Solidarity Fund to various companies, to counter the effects of the 2008 floods, but the funds were disbursed before the contracts were...
Romanian Authorities Caused Over RON3B In Losses To Budget Through Illegal Practices
Romanian central and local authorities in 2010 caused 3.2 billion lei (EUR735 million) in damage to the state budget by failing to collect certain income on time, using funds illegally, hiri...
INS: Romania January-November Trade Gap Narrows To EUR8.64B
Romania’s trade deficit narrowed marginally to EUR8.64 billion in the first 11 months of 2011, from EUR8.69 billion in the year-earlier period, the country’s statistics institute INS said Mo...