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Romania's Trade Deficit Widens Slightly in 2014; Exports, Imports At All-time Highs
Macroeconomics

Romania's Trade Deficit Widens Slightly in 2014; Exports, Imports At All-time Highs

Romania’s exports reached a record high 52.5 billion euros in 2014, supported by deliveries to European Union member states, and the country’s trade deficit widened slightly as a rebound in...

Bogdan Neagu · 09.02.2015 · 10:11 · 1 min
Romanian Cattle Farmers Vulnerable To Milk Quota Removal
Companies

Romanian Cattle Farmers Vulnerable To Milk Quota Removal

Romanian cattle farmers send 900,000 tons of milk to processors, 50% lower than allowed by the European Union to deliver so far.

Loredana Frățilă-Cristescu · 09.02.2015 · 00:00 · 3 min
Romania Industrial New Orders Rose 5.8% In 2014
Macroeconomics

Romania Industrial New Orders Rose 5.8% In 2014

Romanian industrial new orders rose 5.8% in 2014 compared with the previous year, supported by increases in all sectors, the country’s statistics institute INS said Friday.

Bogdan Neagu · 06.02.2015 · 10:00 · 1 min
Average Net Salary In Romania Rose 6% In 2014
Macroeconomics

Average Net Salary In Romania Rose 6% In 2014

The average salary in Romania rose by 6% over the course of 2014, a 5.1% growth in real terms, data from the statistics bureau showed Friday.

Bogdan Neagu · 06.02.2015 · 10:00 · 1 min
INS: Romania Industrial Sales Up 7.8% In 2014
Macroeconomics

INS: Romania Industrial Sales Up 7.8% In 2014

Romanian industry sector registered another good performance in 2014, and sales of industrial companies rose 7.8% compared with the previous year, despite declines in the last months, data r...

Bogdan Neagu · 06.02.2015 · 10:00 · 1 min
Egypt Buys 180,000 Tons Of Romanian Wheat For Nearly $43M
Social/Politics

Egypt Buys 180,000 Tons Of Romanian Wheat For Nearly $43M

Egypt has bought 180,000 tons of Romanian wheat Wednesday, for which it paid $42.82 million, Egypt's General Authority for Supply Commodities (GASC) said on its website.

Ecaterina Craciun · 04.02.2015 · 18:43 · 1 min
BNR Cuts Again Its View On Inflation To 2.1% In 2015
Macroeconomics

BNR Cuts Again Its View On Inflation To 2.1% In 2015

Romania’s central bank has lowered again its year-end projection of the inflation rate to 2.1% in 2015, from 2.2% seen previously, governor Mugur Isarescu told a news briefing Wednesday.

Bogdan Neagu · 04.02.2015 · 16:38 · 1 min
Ministry of Regional Development Borrows EUR175M From CEB For Youth Housing
Social/Politics

Ministry of Regional Development Borrows EUR175M From CEB For Youth Housing

Romanian Ministry of Regional Development and Public Administration will take a EUR175 million loan from Council of Europe Development Bank (CEB), to build 9,000 apartments for youths under...

Gabriela Stan · 04.02.2015 · 14:29 · 1 min
Macroeconomics

Romania Central Bank Cuts Key Rate By 25 Bps To 2.25%

Romania’s central bank on Wednesday lowered its main monetary policy rate by 25 basis points to a new record low of 2.25%, in a largely expected move as the bank sees the inflation staying w...

Bogdan Neagu · 04.02.2015 · 12:32 · 1 min