Macroeconomics
Corn And Sunflower Exports Doubled In First Quarter
Exports of corn and sunflower more than doubled in the first quarter compared with the first quarter of 2010, to EUR238 million. The advance was fueled by the record high prices of grain, bu...
Goods And Services Expenses Up 20%, Personnel Expenses Down 20% In May
May brought a budget gap, after a slight budgetary surplus registered in April. The state’s expenditures on goods and services went up 18.2% from a year ago, to 2.4 billion lei (EUR568 milli...
IMF Approves First Review Of New Loan Deal With Romania, May Disburse EUR480M
The International Monetary Fund Board on Monday approved the first review of the precautionary up deal with Romania and will make the second tranche available, worth around EUR480 million, p...
Romania Will Miss Budget Gap Target, Because Of Upcoming Elections - Piraeus
Romania's Government will miss this year's budget deficit target of 4.4%, agreed upon with the International Monetary Fund, as there is a high likelihood of "fiscal slippages" before next ye...
Romania May Budget Gap At 1.36% Of The GDP
Romania’s general consolidated budget registered a deficit of 7.42 billion lei (EUR1.76 billion) at the end of May, namely 1.36% of the gross domestic product, higher than the 1.2% deficit p...
ZEW: Analyst Sentiment On Romania’s Economy Worsens For 2H
Analyst sentiment on the prospects of Romania's economy in the next six months has posted the strongest decline in Central and Eastern Europe (CEE) in June, according to a survey compiled by...
Eurostat: Romania April Industrial Orders Rise At 3rd Fastest Pace In EU
Romanian industrial new orders rose 6.6% in April from a month earlier, the third fastest increase in the European Union, official data showed Wednesday.
IMF Pushes Romania Loan Review Meeting To June 27
The International Monetary Fund has delayed until June 27 a board meeting to review Romania’s progress under a EUR3.5 billion precautionary loan agreement, according to the board agenda.
Eurostat: Romania's GDP Per Capita Falls To 55% Below EU Average In 2010
Romanian gross domestic product per capita expressed in purchasing power standards (PPS) fell to 45% of the European Union average in 2010, the second-lowest level in the bloc, official data...