Macroeconomics
Ruling Coalition Decides To Hike Public Sector Wages Starting Oct 1
Romania's ruling coalition decided Monday to raise wages in the public sector starting October 1, Varujan Pambuccian, leader of national minorities' group, told online newspaper Gandul.
Romania Should Continue Reforming Healthcare System, Eliminate Arrears - IMF
Romania should continue to reform its healthcare sector, reduce state arrears and increase investments, also by attracting European funds, restructuring and selling state companies, Internat...
Franks: Romania To Put 15 Companies Under Private Management
Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.
IMF: Romania May Raise Public Sector Wages After More Job Cuts
Even though the government may consider there is room for public sector wage increases, Romania should only raise them following more job cuts layoffs, Monday said Jeffrey Franks, head of th...
IMF: Romania Inflation Likely To Top 5% In December
Romanian inflation is likely to ease further over the coming months, but the year-end rate will probably come in above the central bank’s forecast of 5%, the International Monetary Fund said...
INS: Romania’s Jobless Rate Rises To 7.5% In June
Romania’s unemployment rate rose slightly to 7.5% in June, from 7.4% in May, according to seasonally adjusted data, the national statistics institute INS said Monday.
Romania Sees GDP Up 0.3-0.4% In 2Q, Inflation At 4.8% In 2011
Romania's Government estimates a 0.3-0.4% growth of the gross domestic product in the second quarter, compared to the first, and an inflation rate of 4.8% this year, below the central bank's...
Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...
Government To Revise 2011 Budget In Early August
Romania's Government will conduct this year's first budget adjustment in early August, with priority granted to allotting additional resources for investment programs, especially those run b...