Macroeconomics
Romanian Parliament OKs 2012 Budgets of Ministries of Transport, Environment
Romania’s Parliament on Wednesday adopted the 2012 budgets of the ministries of Transport and Environment, rejecting all amendments submitted by the opposition.
Romania Oct Industrial Output Rises At 6th Fastest Pace In EU
Romania’s industrial production rose 4.8% on the year in October, the sixth biggest increase in the European Union, official data showed Wednesday.
Romania To Draw At Least EUR500M Through POR By End 2012
A further EUR500 million will go into the economy by the end of next year from repayments from the European Commission for beneficiaries of programs financed through the Regional Operational...
Agriculture Ministry Has EUR3.5B To Spend In 2012. Why Is Food Expensive Then?
The Agriculture Ministry has EUR3.5 billion available for next year and 90% of this amount should go to farmers as state aid, direct payments for farming land and as European financing.
Foreign Direct Investments In Freefall
Romanian foreign direct investments, or FDI, amounted to just EUR133 million in October, while the EUR1.3 billion recorded in the first ten months covered only 32% of the current account def...
Romania Jan-Oct Current Account Deficit Narrows To EUR4.1B
Romania's current account deficit narrowed 9.5% to EUR4.097 billion in January to October, from a gap of EUR4.53 billion in the year-earlier period, due mainly to shrinking trade deficit, ce...
BNR: Romania 10-Month FDI Halved To EUR1.3B
Romanian foreign direct investment, or FDI, fell 43.8% on the year to EUR1.31 billion in the first ten months, the central bank said Tuesday.
Boc: Accessing IMF Money To Finance Budget Deficit Not Desirable
Romania will be able to finance the budget deficit set for next year at 1.9% of the gross domestic product by borrowing money from foreign and the local market, Prime Minister Emil Boc said...
Basescu Invites Parties For Talks On EU Summit Conclusions Wednesday
Romanian President Traian Basescu invited the representatives of parliamentary parties at the Presidential Palace Wednesday for discussions on the conclusions of the European Council summit...