Social/Politics
Antitrust Authority Estimates To Apply Fines Of EUR20M This Year, Same As In 2013
Romania’s antitrust authority will open around 20 new investigations this year and estimates it will apply fines totaling some EUR20 million, roughly the same as last, Competition Council pr...
Chevron Starts Shale Gas Drilling In Eastern Romania
U.S. energy giant Chevron has started exploration drilling into shale gas deposits in Pungesti, Vaslui county, eastern Romania, five months after the start of works on the drill site, amid f...
Romanians Remain Gloomy About The Economy In 2014 - Survey
Romanian consumers remain gloomy about the economy after the first three months of the year and they don’t expect to see much improvement in the upcoming period either, a survey from market...
EU Ups Romania GDP Growth Forecast To 2.5% In 2014
The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consum...
Tourist Arrivals In Romania Up 7.8% On Year In March
Arrivals at Romanian tourism accommodation establishments rose 7.8% in March from the year-earlier month, while overnight staying increased 14.5% on the year, data from the statistics instit...
INS: Romania Unemployment Rate Stable At 7.2% In March
Romania's unemployment rate was stable at 7.2% in March compared with the previous month, seasonally adjusted data from the statistics institute INS showed Monday.
Romanian Producer Prices Fall Further In March
Romania’s industrial producer price index went down 0.3% on average in March compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Monda...
INS: Romania Retail Sales Extend Growth In March
Romanian adjusted retail sales rose 2.3% in March from the earlier month, on higher sales in all sectors, the statistics institute INS said Monday.
Leu Turns Out To Be Impervious To Ukraine Turmoil
The Romanian leu is back on the investors’ radar as a result of an estimated economic growth of 3% to 4% in the first quarter and it hit a six-month high despite political turmoil in neighbo...