Macroeconomics
EU: Romania 2011 Current Account Gap Seen Stable At 4.5% Of GDP
Romania’s current account deficit is expected to remain stable at around 4.5% of the gross domestic product in 2011, due to insufficient structural reforms, according to estimates of the Eur...
Eurostat: Romania's 1Q GDP Expands At Slowest Pace In EU
Romania's economy grew at the slowest pace in the European Union in the first quarter of 2011 compared with the similar period a year before, official data showed Friday.
Romania’s Economy Makes It Out Of Recession
Romania's economy expanded by 0.6% in the first quarter, after a meager recovery of just 0.1% three months earlier, a flash estimate of the country’s statistics institute showed Friday.
Romania's 1Q GDP +0.5% On Quarter; Economy Exits Recession - Sources
Romanian economy grew by 0.5% in the first three months of 2010 compared with the previous quarter and is technically out of recession, according to governmental sources that cited data from...
Analysts See Romania's 1Q GDP +0.6% On Quarter
Romania's economy is likely to increase by 0.6% in January to March compared to the previous quarter, according to estimations of the country’s association of financial and banking analysts...
Romania's Industrial Output Rises At 8th Fastest Pace In EU In March
Romania’s industrial production rose 7% on the year in March, the eighth biggest increase in the European Union, official data showed Thursday.
Romania Unlikely To Reach 2011 Budget Deficit Target - BRD
Romania’s recently adopted laws which aim at structural reforms are likely to improve long-term sustainability of public finances, but their short-term effect will probably be insufficient t...
New Accounting Law To Bring "Informal" Accountants Out Into The Open
The new accounting law, modified through a government emergency ordinance, for the first time makes a clear distinction between organizing and keeping the books, versus doing more advanced r...
IMF Sees Government Organising Tenders "On TV" To Recruit Managers
The Government is set to conduct transparent international tenders based on the "TV model" to select consultancies that will handle the recruitment of independent professional managers for a...