Social/Politics
Isarescu: Romania Still Has Steps To Take Before Euro Adoption
Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isaresc...
Ponta: Romania Plans IPO For Bucharest Airport Operator
The Romanian government started proceedings to list the Bucharest airport operating company, Aeroporturi Bucuresti, and the initial public offering is expected to be held on both a local and...
Romania 1Q Net Investment Up 8.5% To RON11.9B
Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistic...
INS: Romania Retail Sales Resume Growth In April
Domestic consumption in Romania returned to growth in April, after surprising falls in the previous months, official data showed Thursday.
Romania, EC Agree On New Gas Price Calendar For Household Consumers
The Romanian government and the European Commission have agreed on a new gas price deregulation calendar for household consumers, which stipulates annual price hikes instead of the current q...
Romania To Launch Bond Sale To Public Next Week
Individual investors can subscribe between 8 and 19 of June at Romania’s first government bond sale to the public since 2005, and the final allocation will be announced on June 25, a finance...
INS: Romania Unemployment Rate Up To 6.9% In April
Romania's unemployment rate rose slightly to 6.9% in April, from 6.8% in the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.
Tourist Arrivals In Romania Up 15.3% On Year In April
Arrivals at Romanian tourism accommodation establishments rose 15.3% in April from the year-earlier month, while overnight staying increased 14.1% on the year, data from the statistics insti...
EU Report: Rapeseed Yield Forecast Up 7.6% In May
Romania’s rapeseed yield is estimated at 2.53 tons per hectare end-May, very close to the all-time high reached last year, according to a report of the European Commission.