Social/Politics
Romania Still Needs IMF-EU Partnership - Central Bank Head
Romania should continue its partnerships with international financial institutions, which ensure credibility and help lowering the country’s borrowing costs, central bank governor Mugur Isar...
Romania’s Central Bank Sees Inflation Rising To 1.9% By End-2016
Romania’s central bank sees the inflation rate slowing down to zero by the end of 2015, but the consumer prices are expected to rise in the second half of next year, according to the latest...
Manufacturing Industry Gets More Orders In March
Romania’s industrial sector received more orders in March compared with the previous month, after a 3.9% decrease in February, data released by the country’s statistics institute INS showed...
INS: Romania March Industrial Sales Up 13.1% Vs February
Romanian industrial sales rose 13.1% in March compared with the previous month, supported by growth in all sectors, data released by the statistics institute INS showed Friday.
Average Net Salary In Romania Up 5.7% In March
The average salary in Romania rose 5.7% in March to 1,829 lei (around 415 euros) from RON1,731 in the previous month, data from the statistics bureau showed Thursday.
BNR Sees Inflation Down To 0% Over Next 12 Months
Romania’s central bank sees the inflation rate hovering around zero for the next three to four quarters, following the government’s decision to cut the value added tax rate for all food prod...
BNR Cuts Key Rate To Record Low 1.75%; Leu Requirements Also Lowered
Romania’s central bank on Wednesday surprisingly lowered its main monetary policy rate by 25 basis points to a new record low of 1.75%, the seventh rate cut in the current reduction cycle st...
Jiru: Not Nervous About Romania's Budget Deficit Target
Romania’s government is not worried about keeping the budget deficit within the agreed terms in the convergence program, as the results after the first quarter are very good, Finance Ministr...
EU Sees Romania’s Budget Deficit Widening to 3.5% of GDP in 2016
The European Commission expects Romania’s budget deficit to sharply deteriorate next year due to tax cuts envisioned in the new tax code draft, the EU’s executive arm said in its spring fore...