Macroeconomics
Consequences Of Romania’s Failure To Borrow Money From The US Market
The pressure on leu interests will go up again and the government will remain trapped in short-term funding on the local market. In a worst case scenario, Romania might end up borrowing mone...
Barclays: Romania’s GDP Growth In 3Q Was The Biggest Positive Surprise
Romania was the biggest positive surprise in the region given the 4.4% economic growth it recorded in the third quarter, note analysts of Barclays Capital, the investment division of one of...
Romania Sep Construction Output Rises At 4th Fastest Pace In EU
Romanian construction output rose 1.3% on the month in September, the fourth largest increase in the European Union, official data showed Thursday.
Optimism Is Returning: Analysts Revise 2011 GDP Growth Up Towards 2.5%
Most analysts have revised or are preparing to revise upwards their forecasts for economic growth for this year by around one percent point, towards 2.5%, after above-expectations data were...
Eurostat: Romanian Prices Rise At 5th Fastest Pace In EU In October
Romanian consumer prices inched up 0.6% in October, the fifth biggest one-month rise in prices across the European Union, official data showed Wednesday.
Prognosis Commission: Economy To Grow 1.8%-2.3% In 2012
Romanian economy is likely to grow by 1.8%-2.3% in 2012, mostly fueled by agricultural output and constructions, according to estimates of the National Prognosis Commission.
EBRD: Romanian Public Sector Hiring Kept Unemployment Low
Unemployment remained low in Romania in 2008-2010, compared with the levels recorded in Central Europe and the Baltic states, mainly because unemployment was relatively low even before the c...
Raiffeisen Ups Romania GDP Growth Forecast To 2.5% In 2011
Austrian financial group Raiffeisen Tuesday revised upward its forecast on Romanian economic growth to 2.5% in 2011, from 1.5% previously, citing better-than-expected third quarter data.
Romania 3Q GDP Growth Has Little Effect On Budget Revenue
Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to...