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INS: Housing Permits Down 8.5% YY In June, To 4,161
Real Estate

INS: Housing Permits Down 8.5% YY In June, To 4,161

Romanian authorities issued 4,161 buildings permits for residential projects in June, down 1.8% on the month and 8.5% fewer on the year, the statistics institute INS said Thursday.

Andrei Cîrchelan · 28.07.2011 · 10:03 · 1 min
Analysis

INS: Managers Expect Moderate Growth In Jul-Sep

Managers expect moderate growth in industry, construction, retail and services in the July-September period, the Romanian statistics institute INS said in a statement Thursday.

Andrei Cîrchelan · 28.07.2011 · 10:02 · 1 min
Good Signs From Economy In First Half
Macroeconomics

Good Signs From Economy In First Half

The first part of the year came with a visible improvement in the activity of the various sectors of the economy and encouraging statistical data after more than two years of crisis.

Shutterstock · 27.07.2011 · 01:00 · 2 min
Macroeconomics

Finance Ministry: 1H Budget Gap At RON11.3B, Meets IMF Target

Romania’s consolidated budget posted a deficit of 11.3 billion lei (EUR2.65 billion) in the first six months, equal to 2.07% of the gross domestic product, Finance Ministry data showed Monda...

Florentina Dragu · 25.07.2011 · 16:58 · 1 min
Macroeconomics

Exports, Services On The Rebound In 1H – Analysis

Export and service-oriented companies were the first to post revenue growth in the first half of the year, according to a ZF analysis.

Daniela Stoican · 25.07.2011 · 00:00 · 2 min
Analysis

ZEW: Romania 6-Month Economic Outlook Slides 4.6 Points In July

Romanian economic outlook for the next six months declined for the second consecutive month in July, but the country reclaimed top position as the most attractive CEE business destination, a...

Florentina Dragu · 22.07.2011 · 18:46 · 1 min
Macroeconomics

EBRD Raises Romania GDP Forecast To +1.9% In 2011

The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.9% in 2011, from 1.8% previously, citing improved economic prospects...

Florentina Dragu · 22.07.2011 · 18:21 · 1 min
Macroeconomics

Romania May Industrial Orders Fall At 3rd Fastest Pace In EU

Romanian industrial new orders fell 3.7% in May from a month earlier, the third steepest decline in the European Union, official data showed Friday.

Florentina Dragu · 22.07.2011 · 12:48 · 1 min
Macroeconomics

ANAF: Tax Revenue Up 13% In First Half To RON74.2B

Romania’s fiscal authority ANAF Wednesday reported overall budget revenue of 74.2 billion lei (EUR17.5 billion) in January to June, up 13.05% from the year-earlier period.

Florentina Dragu · 20.07.2011 · 16:53 · 1 min