Macroeconomics
Romania Added EUR4B To EU Budget, But Took Back Just EUR600M
Romania has paid more than EUR4 billion as a mandatory contribution to the European Union budget, since the country's integration in 2007, but took back only EUR600 million.
Romania Posts Highest Annual Inflation In EU For 11th Straight Month
Romania posted the highest inflation in the European Union for the eleventh consecutive month in June, while the EU's average rate eased to 3.1%, from 3.2% a month earlier, statistics office...
Eurostat: Romania May Industrial Output Rises At 8th Fastest Pace In EU
Romania’s industrial production rose 7.9% on the year in May, the eighth largest increase in the European Union, official data showed Wednesday.
Boc Says Romania's Economy Will Grow 4% In 2012
Prime Minister Emil Boc said Romania’s economy is expected to grow by 1.5% to 2% this year, and by 3.5%-4% next year.
INS: Romania Trade Deficit Narrows To EUR3.64B In Jan-May
Romania’s trade deficit narrowed to EUR3.64 billion in the first five months of 2011, from EUR3.93 billion in the year-earlier period, the country’s statistics institute INS said Monday.
Inflation Unexpectedly Falls Below 8% In June, On Lower Food Prices
Romanian consumer prices fell 0.29% in June from a month earlier, pushed down by cheaper food items, while the annual inflation eased to an unexpected 7.93%, the country’s statistics institu...
Romania's Annual Inflation Seen At 8.5% In June
Romanian consumer prices are likely to increase by 0.2% on the month in June, while the annual inflation is seen accelerating to 8.5%, according to a median forecast of the country’s associa...
INS: Adjusted Industrial Output Up 1.6% On Month In May
The adjusted industrial production rose 1.6% in May compared with the previous month, fueled by higher output in the manufacturing sector, the statistics institute INS said Friday.
How Crisis Shaped Romania's Economy
Industry has increased its contribution to the gross domestic product (GDP), in the past two years through exports, and has remained the driver of the economy, analysts say. Unfortunately, i...