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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.

Andrei Cîrchelan · 10.10.2011 · 16:48 · 1 min
INS: Romania January-August Trade Gap Steady At EUR6.14B
Macroeconomics

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...

Florentina Dragu · 10.10.2011 · 10:00 · 1 min
Agriculture Contributes EUR12 Billion To 2011 GDP
Macroeconomics

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.

Gabriel Razi · 10.10.2011 · 00:00 · 2 min
Good Industrial Output In August Set To Lift 3Q GDP Growth
Macroeconomics

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...

Claudia Medrega · 10.10.2011 · 00:00 · 2 min
IMF Delegation To Visit Romania October 25 - November 7
Macroeconomics

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.

Florentina Dragu · 07.10.2011 · 11:46 · 1 min
INS: Adjusted Industrial Output +1.9% On Month In August
Macroeconomics

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.

Florentina Dragu · 07.10.2011 · 10:02 · 1 min
INS: Adjusted Construction Works -4.5% On Month In August
Real Estate

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.

Florentina Dragu · 06.10.2011 · 10:00 · 1 min
INS: Romania January-August Power Output +3.5% On Year
Energy

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.

Florentina Dragu · 06.10.2011 · 10:00 · 1 min
Macroeconomics

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.

Florentina Dragu · 06.10.2011 · 10:00 · 1 min