Macroeconomics
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BNR Revises Down 2009 FDI To EUR3.5B
Romania’s central bank Monday revised downward foreign direct investment data for 2009 to EUR3.5 billion, from EUR4.9 billion previously, after subtracting the net loss out of the equity inc...
Romania Revised GDP Data Show Mild Quarterly Growth In 3Q/09
Romania’s gross domestic product grew modestly in the third quarter of 2009 compared with a quarter earlier, putting a temporary stop to the country’s economic decline, according to revised...
Romania Revised 2009 GDP -7.1% On Year, Less Than Expected
Romania’s gross domestic product shrank by a less than expected 7.1% on the year in 2009, amounting to 491.2 billion lei (EUR119.5 billion), revised data from the statistics institute INS sh...
Romania Economy Falls Hard On Worse Than Expected 4Q Data
Romanian economy declined 7.2% on the year in real terms in 2009, following a larger-than-expected quarterly contraction in the fourth quarter of the year, a flash estimate of the National S...
Romania 2009 Trade Gap Narrows To EUR9.74B Vs EUR23.5B
Romania’s trade deficit narrowed to EUR9.74 billion in 2009, from EUR23.51 billion a year earlier, with imports falling more rapidly than the exports, the National Statistics Institute said...
Romania 2008 FDI Up 31% On Year To EUR9.5B
Foreign direct investments (FDI) in Romania rose 31% on the year to EUR9.5 billion in 2008, revised data from the central bank showed Monday.
Romani's 2008 Trade Deficit At EUR22.5B, Up 3.4% On Year
Romania’s trade deficit was up 3.4% in 2008 to EUR22.5 billion, from EUR21.7 billion in 2007, but exports grew at a higher pace than imports, the National Statistics Institute reported Monda...