Macroeconomics
Romania Feb Construction Output Falls At 4th Fastest Pace In EU
Romanian construction output fell 0.4% on the month in February, the fourth sharpest decline in the European Union, official data showed Tuesday.
BCR Ups Romania GDP Growth Forecast To 2% In 2011
Romania’s top lender Banca Comerciala Romana, or BCR, Tuesday revised upward its forecast on economic growth to 2% this year, from 1.2% previously, saying it expects a substantial increase i...
Romania Mulls Cutting Budget Gap In 2012-2014 Through Layoffs
Romania's Government will reduce the budget deficit over the next three years through layoffs, suspending payment of the 13th salary and holiday bonuses, as well as freezing the hierarchical...
Government Says Romania Might Be Affected By New Recession, Caused By Japan Quake
Economic recovery is difficult and overdue, while the effects of the earthquake in Japan raise new concerns about the global recession that can affect Romania, given the "climate of psychosi...
Romania To Cut Social Contributions, Keep Flat Tax, VAT Unchanged Until 2014
The Romanian Government will reduce social security contributions by two percentage points in the second half of 2011 and will keep the flat tax and the value added tax unchanged in the next...
Romania Tops April Chart Of Analyst Expectations For Economic Outlook - ZEW
Financial analysts have improved their sentiment on Romania’s economic evolution over the next six months, as Romania ranks first in ZEW's April survey on Central and Eastern Europe (CEE) ec...
Romania Posts Highest Annual Inflation In EU For 8th Straight Month
Romania maintained the highest inflation in the European Union for the eighth month in a row in March, while the EU's average rate was stable at 2.7%, statistics office Eurostat said Friday.
S&P: Romanian Govt To Sell EUR6.4B Medium, Long-Term Notes In 2011
The Romanian government is likely to sell medium and long-term notes worth EUR6.4 billion in 2011, up 64% on the year, according to a report from Standard&Poor's.
Romania Feb Indus Output Rises At 7th Fastest Pace In EU
Romania’s industrial production rose 12.7% on the year in February, the seventh biggest increase in the European Union, official data showed Wednesday.