Macroeconomics
EU: Romania Meets Criteria For EUR150M Loan Disbursement
Romania has met the criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, worth EUR150 million, the EU mission chief Istvan Szekely...
INS: Romania's Power Output +2.3% On Year, Resources +3.2% In FIrst Quarter
Romanian power output rose 2.3% on the year to 5.93 million tons of oil equivalent in the first quarter, while the country’s primary energy resources increased 3.2% to 8.6 million tons of oi...
INS: Romania's 1Q Adjusted Industrial Output +10% On Year
Romanian first quarter adjusted industrial production rose 10% compared with the year-earlier period, on higher output in all sectors, the statistics institute INS said Monday.
Bankers, Outranked In Salary Top By Fuel And Metal Dealers
Bankers, who in 2009 dominated the top half of the ranking of the 10 biggest net salaries in Bucharest, were last year replaced by fuel and metal sellers or fund managers, who were new entra...
Social Security Contributions Won't Be Cut, GDP Growth Revised Down For 2012
The International Monetary Fund and the Romanian Government are today presenting the results of the first review of the new precautionary arrangement, after last week the two parties had yet...
Isarescu’s New Dilemma: How Much Can the Euro Slide Without Attracting Speculators Again
The Romanian central bank BNR is no longer thinking favorably about leu's strengthening further, after it gained some 4% since the start of the year. The rising leu is attracting portfolio i...
Romania Should Switch To ESA95 Reporting Procedures - President
Romanian and the IMF strongly maintain that the budget deficit for 2010 was computed accurately, President Traian Basescu said Saturday, adding that Romanian authorities are open to implemen...
Romania Cannot Reduce Social Security Contributions In 2011 - President
Romanian President Traian Basescu said Saturday that, in his opinion, it is impossible to reduce social security contribution rates in 2011.
Basescu Says Complete Liberalization Of Energy and Gas Markets Should Wait Until 2015
Romanian President Traian Basescu said Saturday, after a meeting with the International Monetary Fund delegation, that the deregulation of gas and electricity prices for households should be...