Macroeconomics
Business Vs BNR: Lower Rates Needed To Boost Consumption
Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than...
Accountant: Crisis Will Peak In Romania In 2012
The peak of the financial and economic crisis will reach Romania in 2012. However, it is best to be aware of it beforehand and companies can shift focus and rethink their business, says Andr...
Romania August Industrial Output Rises At 4th Fastest Pace In EU
Romania’s industrial production rose 7.7% on the year in August, the fourth biggest increase in the European Union, official data showed Wednesday.
Romania Had Highest Number Of Farms In EU In 2010
Romania last year had the highest number of agricultural holdings in the European Union, nearly four million or 32% of the total, but was among the states with the smallest holdings by avera...
BNR's Croitoru: Romania May See Crawling Growth For Long Time In Absence Of Foreign Capital
Romania’s economy might crawl for a very long time, with GDP growth of 1%-3%, since its evolution greatly depends on the exterior, and capital inflows aren’t what they used to be, Tuesday sa...
ANOFM: Romania Jobless Rate Inches Up To 4.9% In September
Romanian unemployment rate reached 4.89% in September, barely changed from 4.87% in the previous month, the country’s employment agency ANOFM said Tuesday.
Romania Inflation Hits Post-Communist Low In September
Romanian consumer prices fell for the fourth straight month in September, as food prices continued to drop, while the annual inflation eased to 3.45%, the lowest rate since the end of the co...
Roland Berger: Romanian Cannot Rely On Cheap Workforce For Growth Anymore
Romania should no longer count on foreign investors coming here attracted by the low labor costs because there will always be a country in the world with lower production costs, believes Rol...
Romania To Return VAT Worth A Total RON1.61B In October
Tax authority ANAF on Monday said it will return value added taxes worth a total 1.61 billion lei (EUR373.9 million) in October, including RON363 million in compensations.