Social/Politics
Romania Trade Deficit Widens To EUR2.6B In First 5 Months
Romania’s imports grew more quickly than exports in the first five months of the year and the country’s trade deficit widened to 2.57 billion euros, the statistics office said Friday.
Romania’s EU Fund Absorption Rate At 51% In June
Romania’s European Union fund absorption rate sets at only 51% in June, six months before the end of the reference period 2007 – 2013. This is the lowest absorption rate among European Union...
Romania To Raise Wages Of Top Officials
Romania's government adopted an ordinance Wednesday raising the monthly wages of the country's top officials, including the head of state, heads of Parliament and Cabinet ministers.
Ponta Returns As Head Of Cabinet Thursday
Victor Ponta, who returned from medical leave in Turkey Wednesday, informed the head of state he will resume his attributions as prime minister starting Thursday.
INS: Romania Industrial Sales Rise 1.5% In May Vs April
Romanian industrial sales rose 1.5% in May compared with the previous month, after a 7.2% decline in April, data released by the statistics institute INS showed Tuesday.
Manufacturing Industry In Romania Receives Less Orders In May
Romania’s industrial sector received less orders in May compared with the previous month, after a 5.7% decline in April, data released by the country’s statistics institute INS showed Tuesda...
Average Net Salary In Romania Down 2.7% In May
The average salary in Romania fell 2.7% in May to 1,806 lei (around 400 euros) from RON1,857 in the previous month, data from the statistics office showed Tuesday.
Romania’s 1Q GDP Growth Revised Slightly Down
Romania’s economy grew 1.5% in the first quarter against the previous three-month period, according to revised seasonally-adjusted data from the statistics institute INS released Tuesday.
Romania Has 454,000 Companies With EUR250B Revenue; Half Of It Comes From 1,200 Companies
• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and w...