CFA: Financial Analysts’ Confidence In Romania’s Economy Perks Up in February
03.26.2019
Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level recorded in February 2018, according to the macroeconomic confidence index measured by CFA Romania.
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Eurostat: GDP Growth Of 3.2% In Romania; Of 1.3% In EU28 In 3Q/2019 yesterday, 18:22
Romania’s gross domestic product (GDP) grew an annual 3.2% in the third quarter of 2019, lower than 4.3% in the second quarter of 2019, data from... more
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BT Analyst: Romania’s GDP Sees Weakest Growth Of Last 5 Years Due Mainly To Deteriorating Investment Climate yesterday, 16:25
In the third quarter of 2019, Romania’s economy saw the weakest growth, of 3%, of the past five years(since the second quarter of 2014), due... more
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Romania GDP Grows 3.2% YoY In 3Q/2019 yesterday, 10:39
Romania's gross domestic product increased by an annual 3.0% in unadjusted terms and by 3.2% in seasonally adjusted terms, in the third quarter of... more
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Central Bank: Private Lending Growth is Robust; Avg Rate on New Loans Saw Slight Correction 11.13.2019
The central bank's board noted that private lending posted robust annual growth in September, slightly more moderate compared with August, its... more
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Leu Hits Eight-Month Low Of 4.7635 Vs Euro 11.13.2019
The Romanian leu kept depreciating against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at... more
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Romania Current Account Gap Widens to EUR8.1B in Jan-Sept 11.13.2019
Romania's current account balance posted a deficit of EUR8.1 billion in the first nine months of 2019, compared with a deficit of EUR6.79 billion... more
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Romania Annual Inflation Falls To 3.4% In October 2019 11.12.2019
Romania’s annual inflation rate kept its downward trend in October 2019 too, falling to 3.4%, from 3.5% in September and 3.9% in August, data... more
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Romania's Trade Deficit Widens To EUR12.045B In Jan-Sept 2019 11.11.2019
Romania's trade balance posted a deficit of EUR12.045 billion in the first nine months of 2019, EUR2.089 billion higher compared with the same... more
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Romania's Central Bank Lowers Inflation Forecast to 3.8% in 2019, 3.1% in 2020 11.08.2019
Romania's central bank has lowered its year-end inflation forecast to 3.8% for 2019, from a previous forecast of 4.2%, central bank governor Mugur... more
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Romania's Liberal Government Seeks to Revise 2019 Budget by End-November 11.08.2019
Romania's new liberal government is working on a budget revision draft to be adopted by the end of November, prime minister Ludovic Orban said late... more
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EC Autumn Forecast Sees Romania's Budget Deficit at 6.1% in 2021 11.07.2019
The European Commission sees Romania's budget deficit at 3.6% of GDP this year, growing to 4.4% in 2020 and 6.1% in 2021, according to its Autumn... more
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Romania Net Average Salary Grows 1.2% On Month In September 2019 11.07.2019
The average net salary in Romania grew 1.2% in nominal terms in September 2019 compared with August, to 3,082 lei (around EUR647), data from the... more
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Romania Central Bank Sees Annual Inflation Slightly Above Target Variation Band At End-2019 11.06.2019
Romania’s annual inflation rate is seen slightly above the target variation band at the end of 2019, but it is expected to subsequently return... more
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Romania's New Finance Minister Skeptical About 2019 Budget Deficit Target 11.05.2019
Romania's new liberal finance minister Florin Citu said Tuesday he was not convinced the country's budget deficit can stay within the EU limit of... more
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Romania Unemployment Rate Grows to 3.9% in September 10.31.2019
Romania's seasonally adjusted unemployment rate inched up to 3.9% in September from 3.8% in August, data from the country's statistics board showed... more
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Romania Budget Gap Widens to 2.6% of GDP in Jan-Sept 10.30.2019
Romania's general consolidated budget posted a deficit of RON26.97 billion in January-September, or 2.6% of the gross domestic product, finance... more
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Most Important Economic Measures Proposed by Orban Government 10.25.2019
Prime minister-designate Ludovic Orban presented a set of economic steps his government aims to implement if voted into office by the Parliament.... more
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Romania Ranks 55th in World Bank Doing Business 2020 Report 10.24.2019
Romania dropped to the 55th spot, with a score of 73.3, in the World Bank's Doing Business 2020 report released Thursday, which which the business... more
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CFA Analysts See Leu Falling to 4.48 vs Euro in Next 12 Months 10.24.2019
The Romanian leu is expected depreciate to an average of RON4.84 to the euro in the next 12 months, while the annual inflation rate is seen at... more
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Romanian Private Lending Grows 0.8% on Month in September 10.23.2019
Private lending in Romania grew 0.8% (+0.7% in real terms) in September compared with August, to RON266.776 billion, central bank data showed... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
