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.
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Eurostat: Romania Ranks Third Among EU States With Highest Government Deficit To GDP Ratio In 2017 04.23.2018
Romania ranks third among European Union Member States regarding the government deficit to GDP ratio in 2017 (2.9% of the GDP), after Spain and... more
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Eurostat: Romania Ranks Fifth Among EU States With Lowest Government Debt-To-GDP Ratio End-2017 04.23.2018
Romania’s government debt reached 35% of the gross domestic product at the end of 2017, the fifth lowest level in the European Union, Eurostat,... more
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IMF Revises Up Romania’s GDP Growth Forecast To 5.1% In 2018 04.17.2018
The International Monetary Fund (IMF) expects Romania’s economy to grow 5.1% in 2018, from 4.4% previously estimated, the IMF said in the April... more
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Romania Current Account Deficit Widens To EUR172M In January-February 2018 04.13.2018
Romania's current account balance posted a deficit of EUR172 million in January-February 2018, compared with EUR72 million in the first two months... more
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CFA Romania: Financial Analysts’ Confidence In Romania’s Economy Rose Slightly In March 04.13.2018
Financial analysts’ confidence in Romania’s economy for the next year rose slightly in March 2018, compared with February. more
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Bank Deposit Holders Worst Hit By Inflation Rise To 5% 04.13.2018
The annual inflation rate reached 5% in March, the highest rate in the past six years. It went up by 0.3% compared with February, according to the... more
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Romania Inflation Rate Hits Six-Year High Of 5% In March 2018 04.12.2018
Romanian consumer prices accelerated further in March 2018, to an annual rate of 5%, from an annual rate of 4.7% in February, which is the highest... more
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Romania Net Average Salary Grows 11.2% On Year In February 2018 04.11.2018
The net average salary in Romania inched up 0.1% in February 2018 compared with January, to 2,487 lei (EUR533), but rose 11.2% compared with... more
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Romania Posts EUR1.65B Trade Deficit in January-February 2018 04.10.2018
Romania's trade balance posted a deficit of EUR1.65 billion in January and February 2018, EUR398 million higher than in same period in 2017, data... more
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Romania Posts GDP Growth Of 6.9% On Year In 2017 04.05.2018
Romania's gross domestic product grew 6.9% on the year in 2017, a second reading by the country's statistics board showed Thursday. more
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Central Bank Governor: Inflation Rate Expected To Cap Around 5% And Fall Afterwards 04.04.2018
Romania’s central bank governor Mugur Isarescu on Wednesday said this year the inflation rate is expected to cap around 5% and fall subsequently,... more
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Romania Unemployment Rate At 4.6% In February 04.04.2018
Romania's seasonally adjusted unemployment rate stood at 4.6% in February 2018, unchanged from January 2018, data from the country's statistics... more
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Unicredit Analysts Expect Central Bank To Raise Its Key Rate To 2.5% On April 4 04.02.2018
Unicredit Bank analysts expect Romania’s central bank to raise its benchmark interest rate by 0.25 percentage points, to 2.5%, at its meeting on... more
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Romania Posts Budget Surplus Of RON1.9B In January, Deficit Of RON5.5B In February 2018 03.26.2018
Romania's general consolidated budget posted a deficit of RON5.5 billion, or 0.59% of gross domestic product, in January and February 2018, finance... more
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CFA Romania Analysts To Also Assess Real Estate Property Prices, Stock Prices As Of 2018 03.20.2018
The Chartered Financial Analysts Association – Romania (CFA Romania) will also evaluate, starting 2018, the prices of stocks listed on the... more
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IMF Mission Head For Romania Voices Concern Over Keeping Budget Deficit Below 3% Threshold 03.16.2018
Jaewoo Lee, the chief of the International Monetary Fund (IMF) mission for Romania, on Friday voiced out his concern about Romania being able to... more
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Romania Posts Current Account Surplus of EUR216M in January 03.16.2018
Romania's current account balance posted a surplus of EUR216 million in January compared with a surplus of EUR258 million in January 2017, central... more
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Romania Net Average Salary Drops 5.5% on Month in January 03.13.2018
The net average salary in Romania fell 5.5% in January compared with December, to 2,484 lei (EUR532), data from the country's statistics board... more
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Romania Inflation Rate Climbs to 4.7% in February 03.13.2018
BUCHAREST – Romanian consumer prices accelerated further in February, to an annual rate of 4.7%, from an annual rate of 4.3% in January, data... more
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Romania Posts EUR775M Trade Deficit in January 03.12.2018
Romania's trade balance posted a deficit of EUR775 million in January, EUR169.8 million higher than in January 2017, data from the country's... more
The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine
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The talks between Banca Transilvania and Greek-held Eurobank group, Bancpost owner, are close to completion, with the parties now going
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The NEXT-E consortium, which includes E.ON Romania, will receive EUR18.84 million under the Connecting Europe Facility (CEF) to build
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Eight of the largest cosmetics manufacturers in the world have a direct presence with wholesale and import operations in Romania. The
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Romania risks missing certain targets next year that count for the country's euro-adoption ambitions, such as its budget deficit,
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Fast-food restaurant chain KFC continues its expansion plans across Romania and is opening its first unit in Bucharest’s Old Town and
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Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest
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Ambulanta BGS Medical Unit, the largest private ambulance service provider in Romania, expects to end this year with about 40 million
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Anchor Grup, the company which developed the first shopping mall in Romania, Bucuresti Mall, invests EUR9.5 million in 200-apartment
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The local software and IT services industry has grown from several hundred million dollars more than a decade ago to more than EUR4
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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.
