Social/Politics
Romania Could Launch Government Bond Sale To Population In June
Romania’s Finance Ministry prepares for June the first sale of government bonds to population since 2005, the treasury chief said Tuesday.
Tourist Arrivals In Romania Up 12.3% On Year In March
Arrivals at Romanian tourism accommodation establishments rose 12.3% in March from the year-earlier month, while overnight staying increased 14.6% on the year, data from the statistics insti...
INS: Romanian Industrial Producer Prices Up 0.4% In March
Romania’s industrial producer price index rose 0.4% in March, after a 0.2% increase in the previous month, the country’s statistics institute INS said Tuesday.
Romania Retail Sales Extend Decline In March
The recovery of domestic consumption in Romania hit the speed bumps this spring, as retail sales extended their decline in March, official data showed Tuesday.
Danya Cebus: After IT, Construction Can Be Romanian Economy's ‘Crown Jewel’
Israel-held construction company Danya Cebus, which built the AFI Palace Cotroceni mall in Bucharest and is now working on the US military base in Deveselu, southern Romania, says the local...
Romania's Forex Reserves Down To EUR30.1B in April
Romanian foreign exchange reserves fell by 505 million euros to EUR30.09 billion in April, from EUR30.6 billion in the previous month, central bank data showed Monday.
Western Romania Developed With Infrastructure Investments, While Govt Overlooked Moldavia
The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar pres...
Isarescu: Romania Needs Policy Adjustments Before Joining Euro-zone
Romania needs to complete major adjustments of its economic policies before entering the exchange rate mechanism, the anteroom of the euro-zone, said central bank governor, Mugur Isarescu.
Bucharest City Sells RON2.2B Bonds In Twice Oversubscribed Offer
The Bucharest city’s bond issue was twice oversubscribed, and the yields are about one percentage point higher than the treasury yields, according to one of the brokers running the offer.