Macroeconomics
Central Banker Says 2009/2010 Inflation Fiscal In Nature; Pressures Remain
Romania’s high inflation over the past two years was induced by fiscal imbalances and upward pressures will persist as long as the relation between taxpayers and beneficiaries of social secu...
Romania's New Labor Code To Enter Force On April 30
Romania's new Labor Code was published Thursday in the Official Journal and will enter force on April 30.
Romania Central Bank Keeps Key Rate Unchanged At 6.25%
Romania’s central bank Thursday left its main interest rate at a record low of 6.25% a year for a seventh straight time, as expected, but lowered the minimum reserve requirements for foreign...
Romania 4Q ‘10 Jobless Rate Rises To 7.3%
Romania's unemployment rate grew to 7.3% in the fourth quarter of 2010, from 6.9% in the previous quarter, the country’s statistics institute INS said Monday.
Romania January Trade Gap Narrows To EUR186.2M
Romania’s trade deficit narrowed to EUR186.2 million in January, from nearly EUR473 million in the year-earlier month, the country’s statistics institute INS said Monday.
Romania's 2010 GDP Fall Revised Down To 1.3%
The Romanian economy shrank by more than previously thought in 2010, largely due to declines in the constructions, retail and services sectors, revised figures showed Thursday.
Romania 2010 FDI Down 25% On Year To EUR2.6B
Romanian foreign direct investment, or FDI, fell 25.6% to EUR2.6 billion in 2010, from EUR3.5 billion in the previous year, the central bank said Friday.
Romania 2010 Trade Deficit Narrows To EUR9.46B
Romania’s trade deficit narrowed to EUR9.46 billion in 2010, from EUR9.86 billion a year earlier, the country’s statistics institute INS said Wednesday.
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