Social/Politics
Romania's Forex Reserves Rose Slightly In May To EUR30.2B
Romanian foreign exchange reserves rose by 126 million euros to EUR30.22 billion in May, from EUR30.09 billion in the previous month, central bank data showed Tuesday.
Romanian Industrial Producer Prices Fall In April
Romania’s industrial producer price index went down 0.5% in April, after a 0.4% increase in the previous month, the country’s statistics institute INS said Tuesday.
NGO Warns Rovina Project Is The New Rosia Montana
Mining Watch Romania condemns the Romanian government for granting the exploitation license for copper and gold at the Rovina deposit, saying the project follows a new Rosia Montana scenario...
WB: Romania Growth Fueled By Higher Disposable Income, Labor Market Evolution
The increase of disposable income and developments of the labor market will fuel the private consumption, the main driver of Romania’s economic growth projected at 3% for 2015, according to...
Romania Stands Every Chance Of Seeing 5%-6% Economic Growth Over Next Decade
Romania is headed in the right direction and an economic growth of 5% to 6% is doable, said executives of some of the largest companies in the country, but also key representatives of govern...
Government Assigns Severance Funding For CE Oltenia Layoffs
The government on Wednesday approved a decision assigning funding amounting to RON12.6 million as severance pay for 2,133 employees to be laid off by state-owned energy holding CE Oltenia.
Romania Private Lending Extends Decline In April
Romanian private lending extended its decline in April, falling 0.3% in real terms against the previous month, after a similar decrease in March, central bank data showed Wednesday.
ZF Construction & Infrastructure ’15: One Euro Spent In Construction Generates Three In Economy
The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recove...
Isarescu: Which Bank Will Grant Loans If Debtors Repay With Buildings?
Any legislative act that will allow debtors to repay their loans with the mortgaged properties will totally inhibit lending, said Mugur Isarescu, governor of the Romanian central bank.