Macroeconomics
Romania Up 4 Notches In IMD 2011 World Competitiveness Report
Romania went up four places to 50th in the annual IMD World Competitiveness report, with a total score of 57.497 out of 100 points possible.
KPMG: Romania's EU Fund Absorption Rate Still Lowest In CEE
Romania's European fund absorption continues to be the lowest in Central and Eastern Europe (CEE), with especially low payment ratios recorded for transport and environmental programs, accor...
Romania's Public Debt Rises To RON199B In March
Romania’s public debt rose to 198.9 billion lei (EUR48.3 billion) in March, from RON193.1 billion a month earlier, Finance Ministry data showed Wednesday.
Eurostat: Romania's 1Q Construction Output Falls At 3rd Slowest Pace In EU
Romanian construction output fell 2.9% on the quarter in January to March, the third smallest decline in the European Union, official data showed Wednesday.
Bulgaria Attracts Three Times More EU Infrastructure Funds Than Romania
Romania managed to attract 1% of the European funds available for the Transport Ministry by the end of last year, namely EUR 47 million, while in Bulgaria the absorption rate had reached 7%,...
Tanasescu, IMF: Budget Can Take A Social Security Cut, But We Cannot Risk Slippage In 2012
A cut in social security contributions, or CAS, is being considered in the government's letter of intent to the International Monetary Fund, but will be conditional on the performance of bud...
Private Pension Funds' Net Assets Up 3.5% In April, To RON5.43B
The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) hit 5.43 billion lei (about EUR1.3 billion) at the end of April, up 3.5% from...
EU: Romania's 2010 Greenhouse Emissions Down To 47.3 Mln Tons
Romanian greenhouse gas emissions dropped to 47.3 million tons in 2010, from 48.6 million tons a year earlier, official data showed Tuesday.
Romania Adds Private Company To IMF Letter Of Intent By Mistake
Dalkia Romania, a unit of French utility Veolia Environment, was included by mistake on a list of money-losing public companies that require international monitoring.