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Macroeconomics

Romania Inflation Falls To New Post-Communist Low In November

Romanian consumer prices rose 0.42% on the month in November, on higher prices across the board, but the annual inflation eased to 3.44%, a fresh record low since the end of the communist re...

Florentina Dragu · 12.12.2011 · 10:03 · 1 min
Macroeconomics

INS: Trade Gap Narrows To EUR7.68B In January-October

Romania’s trade deficit narrowed slightly to EUR7.68 billion in the first ten months of 2011, from EUR7.74 billion in the year-earlier period, the country’s statistics institute INS said Mon...

Florentina Dragu · 12.12.2011 · 10:03 · 1 min
Basescu: Romania Doesn’t Have To Pitch In To Raise IMF Resources, But It Sure Could Have
Macroeconomics

Basescu: Romania Doesn’t Have To Pitch In To Raise IMF Resources, But It Sure Could Have

Romania doesn’t need to join the other EU states in a common effort to increase the financial resources of the International Monetary Fund, but it would have been “more than able” to do so i...

Florentina Dragu · 09.12.2011 · 17:41 · 1 min
Boc: Romania Backs Stricter Budget Rules In EU
Macroeconomics

Boc: Romania Backs Stricter Budget Rules In EU

Romania is in favor of imposing stricter fiscal rules in the European Union, including penalties for exceeding a budget gap of 3% of the gross domestic product and a government debt of 60% o...

Florentina Dragu · 09.12.2011 · 15:03 · 1 min
Romania To Sell Stake Of At Least 20% In Posta Romana
Technology &Telecoms

Romania To Sell Stake Of At Least 20% In Posta Romana

Romanian government has pledged to find a strategic investor to buy at least 20% in postal company Posta Romana during a capital increase operation in 2012 and to start collective layoffs un...

Florentina Dragu · 08.12.2011 · 18:10 · 1 min
Banks-Insurance

Romania Finance Ministry’s Liquidity Buffer Tops EUR3B - Sources

Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday.

Florentina Dragu · 08.12.2011 · 13:57 · 1 min
INS: Romania October Adjusted Industrial Output +4.8% On Year
Macroeconomics

INS: Romania October Adjusted Industrial Output +4.8% On Year

Romanian adjusted industrial production rose 4.8% in October compared with the same period a year before, on increases in all sectors, the country’s statistics institute INS said Thursday.

Andrei Cîrchelan · 08.12.2011 · 10:13 · 1 min
Romania Waiting To See What Decision EU Will Make To Save Euro Zone
Macroeconomics

Romania Waiting To See What Decision EU Will Make To Save Euro Zone

Romania, which is dependent on the euro zone commercially and banking-wise, is waiting to see what decisions EU heads of state and government will make. What can the country do to grow indep...

Bogdan Cojocaru · 08.12.2011 · 00:00 · 4 min
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Macroeconomics

Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List

Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...

Florentina Dragu · 07.12.2011 · 14:05 · 1 min