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Economy Minister: Most Countries Will Need To Accept Shale Gas Exploitation
Energy

Economy Minister: Most Countries Will Need To Accept Shale Gas Exploitation

Romania could be a major player in the energy sector, as coal-based energy production will be revived in Europe and most countries will have to accept share gas exploitation, Romanian Econom...

Oana Gavrila · 02.10.2014 · 13:20 · 1 min
Gazprom Lowered Gas Deliveries To Romania Again, By 13%
Energy

Gazprom Lowered Gas Deliveries To Romania Again, By 13%

Russian group Gazprom has lowered deliveries to Romania again, by 13% Wednesday, Romania's Department for Energy announced Thursday, adding the country should get used to such situations.

Oana Gavrila · 02.10.2014 · 12:54 · 1 min
INS: Romania Retail Sales Decline in August
Macroeconomics

INS: Romania Retail Sales Decline in August

Romania’s retail sales fell in August, in yet another sign of slowdown of the domestic consumption, the main driver of growth for the country’s economy in the first half of the year.

Bogdan Neagu · 02.10.2014 · 10:00 · 1 min
Romanian Producer Prices Down 0.2% In August
Macroeconomics

Romanian Producer Prices Down 0.2% In August

Romania’s industrial producer price index went down 0.2% in August, after a 0.1% decline in the previous month, the country’s statistics institute INS said Thursday.

Bogdan Neagu · 02.10.2014 · 10:00 · 1 min
Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once
Macroeconomics

Romania’s Central Bank Takes Three Monetary Policy Easing Steps At Once

The lower than expected economic growth, the low inflation level and still depressed lending activity, as well as the decision of the European Central Bank to cut monetary policy rate to an...

Loredana Frățilă-Cristescu · 01.10.2014 · 16:46 · 3 min
Romania Forex Reserves Rose Slightly To EUR31B In September
Macroeconomics

Romania Forex Reserves Rose Slightly To EUR31B In September

Romanian foreign exchange reserves stood at EUR31.06 billion at the end of September, a tad higher than EUR30.87 billion in the previous month, central bank data showed Wednesday.

Bogdan Neagu · 01.10.2014 · 14:18 · 1 min
Analysis

Antitrust Body: Limiting Pharmacy Numbers In Urban Areas Won't Lead To Openings In Rural Areas

Limiting the number of pharmacies in urban areas will not have any direct effect on the opening of pharmacies in rural areas, Romania's antitrust body said in a reasoned opinion Wednesday.

Oana Gavrila · 01.10.2014 · 14:17 · 2 min
Nicolescu: There’s No Guarantee Russia Will No Longer Reduce Gas Deliveries
Energy

Nicolescu: There’s No Guarantee Russia Will No Longer Reduce Gas Deliveries

Romania energy minister Razvan Nicolescu said, after talks with the Russian ambassador to Romania, Oleg Malginov, on the gas imports cut in September, that there is no guarantee that the sit...

Gabriela Stan · 01.10.2014 · 13:46 · 1 min
Tourist Arrivals In Romania Up 8.2% On Year In August
Macroeconomics

Tourist Arrivals In Romania Up 8.2% On Year In August

Arrivals at Romanian tourism accommodation establishments rose 8.2% in August from the year-earlier month, while overnight staying increased 5.5% on the year, data from the statistics instit...

Bogdan Neagu · 01.10.2014 · 10:03 · 1 min