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INS: Romanian Industrial Producer Prices Inch Down 0.1% In November
Macroeconomics

INS: Romanian Industrial Producer Prices Inch Down 0.1% In November

Romania’s industrial producer price index fell 0.1% in November, after a 0.4% decline in the previous month, the country’s statistics institute INS said Tuesday.

Bogdan Neagu · 06.01.2015 · 10:00 · 1 min
Romania Issued Less Housing Permits In November
Macroeconomics

Romania Issued Less Housing Permits In November

Romanian housing permits went down 16.3% to 2,715 units in November, from 3,243 units a month earlier, the country’s statistics institute INS said Tuesday.

Bogdan Neagu · 06.01.2015 · 10:00 · 1 min
Romania Targets Debt Sales Of RON40B And EUR3B In 2015
Banks-Insurance

Romania Targets Debt Sales Of RON40B And EUR3B In 2015

Romania plans to borrow up to 40 billion lei (EUR8.9 billion) at auctions on the local market and 3 billion euros in foreign funding in 2015, according to the indicative plan of debt sales p...

Bogdan Neagu · 05.01.2015 · 19:22 · 1 min
Romania Forex Reserves Down By EUR0.3B To EUR32.2B In 2014
Macroeconomics

Romania Forex Reserves Down By EUR0.3B To EUR32.2B In 2014

Romanian foreign exchange reserves fell by 309 million euro to EUR32.216 billion in 2014, despite a moderate increase in December, central bank data showed Monday.

Bogdan Neagu · 05.01.2015 · 14:05 · 1 min
Macroeconomics

Romania’s Budget Posts Minor Deficit After 11 Months

Romania’s consolidated budget turned to a deficit of 0.04% of the gross domestic product after the first 11 months, from a surplus of almost 0.3% of GDP at the end of October, Finance Minist...

Bogdan Neagu · 29.12.2014 · 19:08 · 1 min
Social/Politics

Romanian President Signs 2015 Budget Bill Into Law

Romanian President Klaus Iohannis signed the 2015 state and social security budget bill into law Monday, the president's office said in a statement.

Oana Gavrila · 29.12.2014 · 18:34 · 1 min
Romania Anticipates New Russian Gas Delivery Issues, Hikes Fuel Oil Stocks
Energy

Romania Anticipates New Russian Gas Delivery Issues, Hikes Fuel Oil Stocks

Government anticipates Russian gas delivery issues throughout the winter season, so that electro-thermal power stations running on natural gas and fuel oil will hike their fuel oil stocks, w...

Gabriela Stan · 29.12.2014 · 16:01 · 2 min
Overdue Loans Fall In November To Lowest Level In 2 1/2 Years, BNR Data Show
Banks-Insurance

Overdue Loans Fall In November To Lowest Level In 2 1/2 Years, BNR Data Show

The volume of overdue loans in Romania banking system fell in November to 26.8 billion lei (almost EUR6 billion), the lowest level in two years and a half, central bank data showed Monday.

Bogdan Neagu · 29.12.2014 · 15:40 · 1 min
Constitutional Court Clears 2015 State Budget Law
Macroeconomics

Constitutional Court Clears 2015 State Budget Law

Romania's Constitutional Court sustained the 2015 state budget law Monday, rejecting the Liberal Party's objections.

Oana Gavrila · 29.12.2014 · 13:42 · 1 min