Macroeconomics
EU Report: Romania’s Fiscal Risk Index Nears EU Average, Greece Dubbed Riskiest
Romania has a fiscal risk close to the EU average, and twice lower than the Greece's index value, according to a report published Monday by the European Commission.
INS: Romania January-August Trade Gap Steady At EUR6.14B
Romania’s trade deficit was EUR6.148 billion in the first eight months of 2011, barely changed from EUR6.145 billion in the year-earlier period, the country’s statistics institute INS said M...
Agriculture Contributes EUR12 Billion To 2011 GDP
The economic growth will be saved in the third quarter by the best farming year of the decade. Agricultural production will exceed EUR12 billion, an increase of 20% on 2010.
Good Industrial Output In August Set To Lift 3Q GDP Growth
Industrial output, one of the leading indicators in the economy, continued to increase in August, at a faster rate than in June and July, which is good news at a time of prevailing pessimism...
IMF Delegation To Visit Romania October 25 - November 7
A delegation of the International Monetary Fund will visit Romania between October 25 and November 7 for the third review of a EUR3.5 billion precautionary agreement signed end March.
INS: Adjusted Industrial Output +1.9% On Month In August
Romanian adjusted industrial production rose 1.9% in August compared with the previous month, fueled by higher output in all sectors, the statistics institute INS said Friday.
INS: Adjusted Construction Works -4.5% On Month In August
Romanian construction works fell 4.5% in August compared with a month earlier, as developers built fewer projects, the statistics institute INS said Thursday.
INS: Romania January-August Power Output +3.5% On Year
Romanian power output rose 3.5% on the year to 15.64 million tons of oil equivalent in the first eight months, fueled by higher production in most sectors, official data showed Thursday.
Romania August Industrial Sales -3.6% On Month, +19.5% On Year
Romanian industrial sales fell 3.6% on the month in August, due to falling demand in the manufacturing sector, the country’s statistics institute INS said Thursday.