Social/Politics
Romania Trade Deficit Widens To EUR4.3B In First 9 Months
Romania’s exports rose more rapidly than imports in the first nine months compared with the year-earlier period, but the trade deficit still widened, the country’s statistics institute INS s...
Constitutional Court Validates First Round Of Presidential Elections
Romania's Constitutional Court on Friday validated the first round of presidential elections, held on November 2, and will send its decision for publication in the Official Journal.
Romania Industrial New Orders Rise In September
Romanian industrial new orders recouped in September after a 13.1% decrease in the previous month, data from the country’s statistics institute INS showed Friday.
INS: Romania Industrial Sales Up 18.3% On Month In September
Romanian industrial sales rose 18.3% in September, after a 12.3% decline in the previous month, according to data released by the statistics institute INS Friday.
Romania’s EU Fund Absorption Rate Inches Up To 43.58% In October
Romania’s absorption rate on European structural and cohesion funds reached 43.58% at the end of October 2014, from 38.46% a month before, according to the Ministry of European Funds.
BNR Sees Inflation Down To 1.1% In 1Q ‘15
The Romanian central bank estimates the annual inflation will fall below 1.5% at the beginning of next year, but then will return in its target interval in the second and third quarters.
Isarescu: Alcohol And Tobacco Prices Will Go Down Next Year, But Gasoline Will Be More Expensive
Romania’s central bank governor Mugur Isarescu said Thursday that tobacco and alcohol prices will decline in 2015, because the calendar for the alignment of excise duties has already been fu...
Isarescu On Lowering Public Investments: Fight Against Corruption Has Got Its Purpose
The lowering of public investments might represent a means of control over the spending of public funds as a result of the anticorruption actions taken lately, Romanian central bank governor...
OMV Petrom To Review 2015 Investment Plans On Crude Oil Price Drop
Romania’s leading oil&gas company OMV Petrom (SNP.RO) announced Thursday that it will review its investment plans for 2015, due to volatile and weaker market fundamentals, such as the decrea...