Macroeconomics
Romania Sells RON109M 10-Year Bonds At 7.4% Average Yield
Romania’s Finance Ministry on Thursday sold 109.3 million lei (EUR26.7 million) worth of 10-year treasury bonds, below the planned amount, while the average yield remained stable at 7.4% on...
GfK: Romanians Concerned Over More Price Increases
Romanian consumers estimate further price increases in the coming period, due to possible higher taxes and charges, a survey from market researcher GfK showed Thursday.
Romania Jobless Rate Falls To 5.9% In March
Romanian unemployment rate fell to 5.92% in March, from 6.58% a month earlier, the country’s employment agency ANOFM said Wednesday.
Romanian Government: 1st Budget Revision Of 2011 In Jul/Aug
Romania's government plans to revise the 2011 budget in the second half of the year, during parliamentary recess, according to a draft ordinance pending lawmakers’ approval.
EU Authorizes Romanian RON1.3B Aid Scheme For Farmers
The European Commission on Wednesday has authorized a Romanian state aid scheme with a budget of 1.3 billion lei (EUR1=RON4.0858) which aims to support farmers who face difficulties due to t...
Ghetea: Romanian Banks “Warming Up” For Lending Restart
Romanian banking system is going through a “warm-up” period, when the lenders provide mostly refinancing services, but the situation must change so that private lending can recover, the head...
Isarescu: Leu's Rise Vs Euro Difficult To Cap
Romanian central bank has trouble paring down the leu’s appreciation against the euro, as interest rates are already low and buying euros would create liquidity surplus in the market, govern...
WB: Romanian Leu Set To Firm Vs Euro On Long-Term
Romania’s leu is bound to strengthen against the euro on the long run, once living standards improve, Kaspar Richter, senior economist at the World Bank (WB) told MEDIAFAX Tuesday.
WB: Romania Economy To See Solid Growth Improvement In 2011
Romanian economy will grow at one of the fastest paces in Eastern Europe in 2011, but recovery remains sluggish, the World Bank (WB) said in a report Tuesday.