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Macroeconomics

Romania's Current Account Deficit Shrinks To EUR44M In Jan-Feb

Romania's current account deficit narrowed to EUR44 million in January to February, from a gap of EUR747 million in the year-earlier period, on a much lower trade deficit, central bank data...

ZF English · 13.04.2011 · 11:24 · 1 min
Macroeconomics

Romania FDI Inflow Rises To EUR294M In Jan-Feb

Romanian foreign direct investment, or FDI, rose to EUR294 million in January to February, from EUR140 million in the same period a year earlier, the central bank said Wednesday.

ZF English · 13.04.2011 · 11:22 · 1 min
Macroeconomics

Raiffeisen Ups Forecast On Romania Year-end Inflation To 5.3%

Austria's financial group Raiffeisen Tuesday revised upward its forecast on Romanian inflation to 5.3% at year-end, from 4.5% previously, saying it expects higher food and fuel prices.

ZF English · 13.04.2011 · 10:41 · 1 min
Macroeconomics

Romania Contemplates Postponing Euro Adoption Until 2016/2017

Romanian authorities consider adopting the European single currency with a delay of one to two years to allow for a better fiscal consolidation, according to a government document.

Florentina Dragu · 12.04.2011 · 15:59 · 1 min
Macroeconomics

Romanians Remain Pessimistic About Economy - Poll

Romanians remain most pessimistic about the state of the economy, with over 50% saying the crisis will not end for another two to five years, according to a survey from market researcher ISR...

Florentina Dragu · 12.04.2011 · 14:43 · 1 min
Energy

Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Producers

Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager...

Andrei Cîrchelan · 12.04.2011 · 14:13 · 2 min
Macroeconomics

Romania Feb Adjusted Industrial Output +0.3% On Month

Romanian adjusted industrial production inched up 0.3% in February compared with the previous month, fueled by higher output in most sectors, the country’s statistics institute INS said Frid...

Florentina Dragu · 08.04.2011 · 15:51 · 1 min
Macroeconomics

Romanian Economy Not Out Of The Woods Yet - Fiscal Council

The Romanian economy has stabilized, but the country is yet to emerge from its worst recession in over a decade, the parliament-appointed Fiscal Council said Thursday.

Florentina Dragu · 07.04.2011 · 16:09 · 1 min
Macroeconomics

Central Bank To Up 2011 Inflation Forecast As Food, Energy Prices Surge

Romanian central bank will revise upward its year-end inflation forecast, due to higher-than-expected international prices for energy and food items, central bank governor Mugur Isarescu sai...

Florentina Dragu · 07.04.2011 · 14:48 · 2 min