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Macroeconomics

Eurostat: Romania, No Longer Inflation Leader In EU

Romania posted the second-highest annual inflation in the European Union in July, after leading the charts for ten consecutive months, according to data released Wednesday by the EU statisti...

Bogdan Neagu · 17.08.2011 · 13:34 · 1 min
Exit From Recession Becomes Imperceptible
Macroeconomics

Exit From Recession Becomes Imperceptible

The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the...

Claudia Medrega · 17.08.2011 · 00:00 · 1 min
Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q
Macroeconomics

Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q

Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF.

Claudia Medrega · 17.08.2011 · 00:00 · 2 min
Macroeconomics

Romania Posts Smallest Annual Growth Of 2Q GDP In EU

Romania’s second-quarter gross domestic product grew at the lowest rate in the European Union member states for which data is available, according to data released Tuesday by the bloc’s stat...

Bogdan Neagu · 16.08.2011 · 12:58 · 1 min
ING: Romania’s 2Q GDP A Positive Surprise, After Sector Performances
Macroeconomics

ING: Romania’s 2Q GDP A Positive Surprise, After Sector Performances

Romania’s second-quarter gross domestic product data is a positive surprise, as sector performances were weak, with only constructions posting a small growth, ING Bank Romania chief economis...

Mediafax Foto // Silviu Matei · 16.08.2011 · 12:32 · 1 min
Romania GDP Growth Slows To 0.2% In Second Quarter
Macroeconomics

Romania GDP Growth Slows To 0.2% In Second Quarter

Romania’s economic growth slowed to just 0.2% in the second quarter, after a 0.7% advance in the earlier quarter, as weaknesses in the external markets accentuated the subdued domestic deman...

Shutterstock · 16.08.2011 · 10:00 · 2 min
Romanian Farmers To Cash In EUR4B From Wheat, Corn, Rapeseed And Sunflower Harvests
Analysis

Romanian Farmers To Cash In EUR4B From Wheat, Corn, Rapeseed And Sunflower Harvests

Crops of wheat, corn, rapeseed and sunflower, four of the most important agricultural products in Romania, are worth EUR4.1 billion this year, EUR1 billion more than last year, according to...

Oana Gavrila · 16.08.2011 · 00:00 · 1 min
Economic Growth To Slow Down In 2Q
Analysis

Economic Growth To Slow Down In 2Q

Romania’s statistics institute is set to announce Tuesday a second-quarter economic growth close to zero or even a minor contraction, analysts say.

Oana Gavrila · 15.08.2011 · 00:00 · 3 min
Macroeconomics

Romanian Government Revises 2Q GDP Growth Forecast Slightly Down To 0.2%-0.3%

Romania’s Government has revised its forecast for the country’s second quarter economic growth to 0.2%-0.3% from a previously expected 0.3%-0.4%, but expects better results in the third quar...

Oana Gavrila · 13.08.2011 · 13:31 · 1 min