Social/Politics
Romania FDI Down To EUR1.6B In First Ten Months
Romanian foreign direct investment, or FDI, went down to EUR1.59 billion in January to October, from EUR1.82 billion in the year-ago period, the central bank said Monday.
BNR: Romania Current Account Deficit Narrows To EUR263M In January-October
Romania's current account balance posted a deficit of EUR263 million in the first ten months of 2014, compared with EUR675 million in the same period a year ago, mainly due to a wider servic...
Fitch Affirms Romanian Cities of Brasov and Oradea at 'BBB-'; Outlook Stable
Fitch Ratings on Friday affirmed the ratings of Romanian cities Oradea and Brasov at 'BBB-' with stable outlooks.
Fiscal Council: Certain Revenue Hike In 2015 Budget Overvalued, Expenses Underestimated
The Fiscal Council representatives estimate that the increase of certain categories of revenue in the 2015 draft budget are overvalued, while other expenses are underestimated, and that doub...
Romania Industrial Output Rises In October
Romanian adjusted industrial production went up 0.5% in October compared with the previous month, on higher output in all sectors, the country’s statistics institute INS said Friday.
Government Freezes Public Sector Wages Except For Slight Raises In Education, Healthcare
Public sector wages will be frozen in 2015 at this year's level, except for teaching staff, whose wages will be raised by up to 10% in two steps, and healthcare staff under certain condition...
Romania Budget Revenue Seen Up 3.4% in 2015
Romania’s consolidated budget revenues are estimated for 2015 at 226.36 billion lei (EUR51.5 billion), or 31.9% of the gross domestic product, according to the budget draft published by the...
INS: Romania Power Output Up 0.4% On Year In First 10 Months
Romanian energy output rose 0.4% on the year to 18.2 million tons of oil equivalent in the first ten months of 2014, fueled by higher production in most sectors, official data showed Thursda...
Romania Consumer Prices Fall In November, Annual Inflation Down To 1.26%
Romanian consumer prices fell 0.2% in November from a month earlier, on lower prices for food and non-food products, and the annual inflation slid to 1.26%, the country’s statistics institut...