Social/Politics
Romania Central Bank Cuts 2014 Inflation Forecast To 2.2%
Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than in...
BNR Cuts Key Rate By 25 Bps To Record Low Of 3.25%
Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu an...
INS: Retail Sales Rose 8% In First Half
Romanian adjusted retail sales rose 8.2% in the first six months compared with the same period of 2013, on higher sales in all sectors, the statistics institute INS said Monday.
INS: Producer Prices Down 0.3% On Month, But Rise 0.3% On Year
Romania’s industrial producer price index inched down 0.3% on average in June compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Mond...
INS: Romania Unemployment Rate Down To 7.1% In June
Romania's unemployment rate went down to 7.1% in June, from 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday.
Romanians Go Shopping Every Two Days And Spend EUR3 Each Time
Romanians spend on average EUR3 during a consumer goods shopping session, two times less than Hungarians or Poles and ten times less than the French, Swedes or Italians. Against the French,...
Treasury And Bucharest Stock Exchange Work On Government Paper Issue For Retail Investors
The government paper issue the Finance Ministry is preparing together with the Bucharest Stock Exchange will most likely be released in October-November and be worth up to 100 million lei (E...
European Council: Romania To Step Up Efforts Against Money Laundering
Romania has made some progress in its combat against money laundering, but further steps are needed to strengthen the independence of its anti-money laundering institutions and to improve th...
Voinea: Expenses Budgeted For EU-Funded Programs Reach Less Than Half The 1H Target
Romania’s minister delegate for Budget Liviu Voinea said the expenses budgeted for the programs financed from European Union funds reached less than half the target set for the first half of...