Macroeconomics
IMF: Romania’s Economic Growth Potential At 3% On Medium Term
Romania has an economic growth potential of 3% on medium term, but it needs to raise local production for a sustainable growth, according to Jeffrey Franks, head of the International Monetar...
IMF: Top-40 State-Owned Companies To Hire Private Managers
Romania’s largest 30 to 40 state-owned companies will have private management, and the government will employ an internationally acknowledged head hunting firm for executive selection, accor...
IMF’s Franks: BNR Could Tighten Monetary Policy As Inflation Stays High
Romania’s central bank BNR might tighten the monetary policy in the coming months as the inflation will stay between 8% and 8.5% until July, Tuesday said Jeffrey Franks, chief of the Interna...
IMF: Romanian Industrial Gas Prices To Rise Under New Calculation Formula
The price of gas delivered to corporate clients is set to rise since the Romanian government has pledged to change the tariff calculation formula, aligning it with international evolutions,...
Romania Vows Before IMF To Slash Heating Aid, Bills May Soar
Romania's government committed in the latest talks with the International Monetary Fund to eliminate the thermal energy subsidy in the near future, which could increase household heating bil...
Romania To Sell More Than 10% In Nuclearelectrica, Hidroelectrica
Romania will sell more than 10% in state-owned energy producers Nuclearelectrica and Hidroelectrica, an International Monetary Fund official told MEDIAFAX in an interview.
INS: Romania's Inflation Hits 32-Month High In April At 8.34%
Romanian consumer prices rose 0.66% in April from a month earlier, while the annual inflation accelerated to 8.34%, the highest level since July 2008, the country’s statistics institute INS...
INS: Romania's 1Q Trade Gap Narrows To EUR1.4B
Romania’s trade deficit narrowed to EUR1.4 billion in the first quarter, from EUR2 billion in the year-earlier period, the country’s statistics institute INS said Tuesday.
Boc: Unemployment Rate Fell To 5.41% In April
The number of jobless people in Romania was 493,438 in April, while the unemployment rate dropped to 5.41% from 5.92% in March, reaching the level recorded in January 2007, Prime Minister Em...