Macroeconomics
INS: Romania 2Q Jobless Rate Falls To 7.2%
Romania's unemployment rate declined to 7.2% in the second quarter of 2011, from 7.6% in the previous quarter, the country’s statistics institute INS said Monday.
A Budget Deficit Close To Zero May Be Romania’s Best Defense Against International Turmoil
The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it do...
Romania July Industrial Orders Rise At 2nd Fastest Pace In EU
Romanian industrial new orders rose 3.6% in July from a month earlier, the second largest growth in the European Union, official data showed Thursday.
Mission-Impossible For 2012: Deficit Control In The Absence Of EU Funds
There are about three weeks left until government needs to send next year’s budget to the Parliament, but the Finance Ministry still does not know what macroeconomic indicators to use in 201...
Ministries May OK Projects Of Up To EUR12M Without Government Approval - Bill
Romanian ministries and other institutions managing funds will be allowed to approve investment projects whose value do not exceed 50 million lei (EUR11.7 million) without the approval of th...
Romania Bound To Revise 2012 GDP Growth Estimate - Deputy Finmin
Romanian authorities are very likely to revise their economic growth forecast for 2012, factoring in the developments in the European Union countries, an official of the Finance Ministry sai...
Romania Jumps 37 Spots In 2011 World Economic Freedom Chart
Levels of economic freedom in Romania have improved over the past year, pushing the country up 37 places to 48th in a ranking released by Canadian think-tank Fraser Institute.
Boc: Romania To Set 2012 GDP Growth Target In October, In Talks With IMF
Romania's economic growth forecast, used in drafting the state budget for next year, will be determined by the Government in October, through consultations with the International Monetary Fu...
Prognosis Commission Ups Romania's 2011 GDP Forecast To 1.7%
Romania’s prognosis commission CNP Tuesday revised upward its economic growth forecast to 1.7% in 2011, from 1.5% previously, saying it expects a positive contribution from farming output.