Macroeconomics
Romania's Adjusted Industrial Output Up 7.7% In First Half
Romanian adjusted industrial production rose 7.7% in January to June compared with the same period a year earlier, fueled by higher output in all sectors, the country’s statistics institute...
INS: Romania 1H Trade Gap Narrows To EUR4.54B
Romania’s trade deficit narrowed to EUR4.54 billion in the first six months of 2011, from EUR4.88 billion in the same period a year ago, the country’s statistics institute INS said Tuesday.
Officials Warn: Any Excess In The Fiscal Or Monetary Policy Could Compromise Fragile Balance
After several days of downtime, shying away from publicly sketching scenarios meant to counter the new crisis' prospective contagion effects on the economy, political and government decision...
Romania Economy Vulnerable To Possible Capital Outflows, Says Isarescu
A potential outflow of foreign capital would increase Romanian economic vulnerability to a higher degree compared with the situation in 2007-2008, as the interbank market has grown deeper an...
Isarescu: Romanian Economic Growth Could Top 1.5% In 2011
Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday.
BNR Cuts 2011 Inflation Forecast To 4.6%
Romania’s central bank (BNR) Monday revised downward its inflation forecast to 4.6% from 5.1%, citing improved economic outlook and “substantial decline” of volatile prices.
INS: Romania's Power Output +5.3% In First Half, Energy Resources +6.1%
Romania’s power output rose 5.3% on the year in the first half, while the country’s total energy resources increased 6.1%, the National Statistics Institute said Monday.
Debt Crisis Wave Warns Politicians To Slash Budget Expenditure
Most analysts, bankers, managers and businesspeople contacted by Ziarul Financiar over the past two days say that the EU is the most seriously affected by the new crisis wave and the impact...
Romanian Entrepreneurs: We’re Trained To Deal With New Economic Crisis
Romanian entrepreneurs say they have restructured, refinanced and learned from the past three years of crisis, so that they are “trained” to cope with renewed economic slippages.