Macroeconomics
EU Puts Romania Economic Growth At 2% In 2012
The European Commission estimates Romanian economy will grow by around 2% in 2012, the EU mission chief Istvan Szekely said Monday.
Romania Central Bank Sees Room For Further Monetary Easing
Romanian central bank has sufficient room to further reduce its key rates, but the easing process must be prudent because it’s tightly connected to market evolutions, governor Mugur Isarescu...
BNR Sees 2012 Economic Growth Above 2%
Romanian central bank’s inflation projections for 2012 are based on an economic growth slightly higher than 2%, governor Mugur Isarescu said Monday.
Isarescu: Romanian Leu Exchange Rate Has Reached Equilibrium
Romanian leu’s exchange rate has reached a state of equilibrium against the euro, which should be sheltered from any rash measures, central bank’s governor Mugur Isarescu said Monday.
BNR Cuts 2011 Inflation Forecast To 3.3%
Romania's central bank revised down its forecast on the year-end inflation to 3.3% in 2011, from 4.6% previously, governor Mugur Isarescu said Monday.
Industrial Sales Rise 13.6% On Month In September
Romanian industrial sales rose 13.6% on the month in September, on higher demand in all sectors, the country’s statistics institute INS said Monday.
INS: September Industrial New Orders +25.4% On Month
Romanian industrial new orders rose 25.4% on the month in September, fueled by two-digit growth in all sectors, the statistics institute INS said Monday.
Romania Unable To Use IMF Money To Fix Decline In Number Of Jobs
Romania has been unable to “fix” the effects of the crisis with the International Monetary Fund money in four years as its economy lost 630,000 jobs.
Eurostat: Romanian September PPI Rises At 7th Fastest Pace In EU
Romanian industrial producer prices inched up 0.7% in September from the month before, the seventh largest increase in the European Union, official data showed Friday.