Macroeconomics
INS: Romania Unemployment Rate Unchanged At 7.3% In November
Romania's unemployment rate was at 7.3% in November, flat on the month, seasonally adjusted data from the statistics institute INS showed Friday.
Tourist Arrivals In Romania Up 12.6% On Year In November
Tourist arrivals in Romania rose 12.6% in November from the year-earlier month, while overnight accommodations were up 9.2% on the year, the statistics institute INS said Friday.
INS: Romania November Adjusted Retail Sales Down 1% On Month
Romanian adjusted retail sales fell 1% in November compared with a month earlier, on lower food product sales, the statistics institute INS said Friday.
Romania Central Bank Cuts Key Rate By 25 BPs To 5.75%
Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery.
Boc: Romania Posts 2% GDP Growth In 2011, Budget Deficit Below 4.4% Of GDP
Romania posted an economic growth close to 2% in 2011 and it has kept the budget deficit below the target of 4.4% of the gross domestic product, Prime Minister Emil Boc said Wednesday.
Finance Ministry Has More Than EUR12B To Roll Over In 2012
A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund...
INS: Romania November PPI +0.4% On Month, +7.9% On Year
Romania’s industrial producer price index inched up 0.4% in November from a month earlier, backed by increases in most sectors, the country’s statistics institute INS said Wednesday.
Romania Forex Reserves Rise To EUR33.2B In 2011
Romanian foreign exchange reserves rose by almost EUR1.5 billion in December, to EUR33.19 billion, following inflows from the European Commission and a third tranche of a World Bank loan, ce...
Exports Rose In 2011 As Well. Will Growth Continue In 2012?
Romania’s exports continued to increase in 2011, driven by foreign demand, though they slowed down in the second half, given the turmoil caused the sovereign debt crisis in the euro zone cou...