Macroeconomics
Romanian Central Bank Keeps Key Rate Unchaged At 6.25%
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the tenth straight time, as inflation is still likely to top the bank’s forecast.
Romania Tourist Arrivals Up 11.7% On Year In First Half
Tourist arrivals in Romania rose 11.7% in the first year-half compared with the same period of 2010, while tourist accommodations were up 4.2% on the year, the statistics institute INS said...
INS: Romania Adjusted Retail Sales -1.2% On Month In June
Romanian adjusted retail sales fell 1.2% in June compared with a month earlier, largely due to lower non-food product sales, the statistics institute INS said Wednesday.
Romania's Public Debt Nears RON201B In May
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday.
Government Cancels EUR51M Risk Coverage Guarantee For Enel-Electrica Deals
The Romanian government has decided to cancel a EUR51 million risk coverage guarantee in favor of Italian utility Enel for the privatization of two Electrica branches and wire the funds to t...
Romanian June PPI Rises At 3rd Fastest Pace In EU
Romanian industrial producer prices inched up 0.6% in June from a month earlier, the third biggest increase in the European Union, official data showed Tuesday.
INS: Romania June PPI +0.7% On Month, +8.4% On Year
Romania’s industrial producer price index returned to growth in June, due to increases in all sectors, the country’s statistics institute INS said Tuesday.
Franks: Romania’s Government Has To Set Its Top Priority
Romania’s Government has to choose between raising public sector wages, allotting more funds for investments and reducing social security contributions, Jeffrey Franks, head of the Internati...
BNR: Forex Reserves Fall To EUR32.7B In July
Romanian foreign exchange reserves fell to EUR32.68 billion in July from EUR34.4 billion a month earlier, central bank data showed Monday.