Romania’s GDP Could Reach EUR200B In 2018
09.19.2017
In 2018, when Romania celebrates 100 years since its Great Union, its gross domestic product could reach EUR200 billion, beating Greece’s or Czech Republic’s.
-
Eurostat: Romania Ranks 4th In The EU, With Lowest Actual Individual Consumption Per Capita 06.19.2018
Romania ranks fourth among European Union Member States with the lowest actual individual consumption (AIC) per capita, with 30% lower the EU... more
-
Romania's Current Account Deficit Widens to EUR2.05B in Jan-Apr 06.13.2018
Romania's current account balance posted a deficit of EUR2.053 billion in January-April compared with a deficit of EUR1.786 billion in the same... more
-
IMF: Romania's Growth Accelerated on Fiscal Stimulus But Inflation Soars 06.13.2018
Romania made important progress in addressing economic imbalances and restoring growth after the global financial crisis, but macroeconomic risks... more
-
Romania Inflation Rate Hits Fresh Five-Year High Of 5.4% In May 2018 06.12.2018
Romanian consumer prices accelerated further in May 2018, reaching an annual inflation rate of 5.4%, the highest level since 2013, data from the... more
-
Romania Trade Deficit Widens To EUR3.7B In January-April 2018 06.11.2018
Romania's trade balance posted a deficit of EUR3.7 billion in January-April 2018, EUR379.3 million higher compared with the same period of 2017,... more
-
Romania Net Average Salary Grows 0.3% On Month In April 2018 06.11.2018
The net average salary in Romania rose 0.3% in April 2018 compared with February, to 2,713 lei (around EUR582), data from the country's statistics... more
-
Net Investment In Romania Grows 14.3% On Year In 1Q/2018, To Nearly RON16B 06.07.2018
Net investments in the Romanian economy grew 14.3% year-on-year to RON15.790 billion in the first quarter of 2018, data from the country's... more
-
Romania Unemployment Rate Grows To 4.6% In April 05.31.2018
Romania's seasonally adjusted unemployment rate grew 0.2 percentage points on month in April 2018, to 4.6%, the country's statistics board said... more
-
EC Urges Romania To Address Budget Deficit, Voices Concern About Judicial Reform 05.23.2018
The European Commission on Wednesday urged Romania to address its budget deficit and voiced concern about the country’s judicial reform,... more
-
Romania’s GDP Growth Flat In Q1 2018 Vs Q4 2017, Analysts Revise Forecasts 05.16.2018
Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing... more
-
Romania Posts GDP Growth Of 4% On Year In 1Q/2018 05.15.2018
Romania's gross domestic product grew 4% in the first quarter of 2018, compared with the same period a year ago, data from the country's statistics... more
-
Romania's Current Account Deficit Widens to EUR967M in 1Q/2018 05.14.2018
Romania's current account balance posted a deficit of EUR967 million in the first quarter compared with a deficit of EUR770 million in the first... more
-
CFA Romania: Financial Analysts’ Confidence In Romania’s Economy Rose Slightly In April 05.14.2018
Financial analysts’ confidence in Romania’s economy for the next year rose slightly in April 2018, compared with March, but stays below the... more
-
Romania Inflation Rate Hits Five-Year High Of 5.2% In April 2018 05.14.2018
Romanian consumer prices accelerated further in April 2018, reaching an annual inflation rate of 5.2%, the highest level since April 2013, data... more
-
Romania Contributes 1.2% To EU GDP In 2017; Germany, UK, France Generate 51% 05.11.2018
In 2017, the gross domestic product (GDP) of the European Union (EU) amounted to EUR15,300 billion at current prices and Romania’s contribution... more
-
Romania Trade Deficit Widens to EUR2.7B in 1Q/2018 05.10.2018
Romania's trade balance posted a deficit of EUR2.715 billion in the first quarter of the year, EUR416.2 million higher compared with the first... more
-
Romania Net Average Salary Grows 8.7% on Month in March 05.09.2018
The net average salary in Romania grew 8.7% in March compared with February, to 2,704 lei (around EUR581), data from the country's statistics board... more
-
World Bank Sees Romania's Economic Growth at 5.1% in 2018, Deficit at 3.3% 05.08.2018
Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the fiscal stimulus,... more
-
EC Maintains 4.5% GDP Growth Forecast, Excessive Deficit Risk For Romania in 2018 05.03.2018
The European Commission maintained its economic growth estimate at 4.5% of GDP for Romania this year and sees the country's budget deficit widening... more
-
Moody's Upgrades IIB Rating To A3 From Baa1 For Bonds Issued On Bucharest Stock Exchange 05.03.2018
Moody's Investor Service has upgraded the issuer and senior unsecured debt ratings of International Investment Bank (IIB) to A3 from Baa1. The... more
ING Bank Romania on Thursday said its revenue grew 32% on the year, to RON425 million, in the first quarter of 2018, and its net profit
more
Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the
more
AmCham Romania (the American Chamber of Commerce in Romania), which represents over 430 American, multinational, and Romanian
more
Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy
more
There are about 400 concepts on the Romanian market and 35% of them are Romanian. The largest Romanian franchise concepts include Salad
more
Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the
more
The European Bank for Reconstruction and Development (EBRD), the main institutional investor in Romania, invested over half a billion
more
Lender Raiffeisen Bank doubled its net profit in the first quarter, to RON212 million, while its revenues increased 16%, to RON554
more
Non-observance of the calendar to raise contributions to private pension Pillar II to 6% of gross income has had an impact of EUR1.1
more
The Transavia group, which includes the company the by same name in Alba County and producer Agricola Brasov, posted EUR145 million
moreAnalysis
Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.
