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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Romania Current Account Deficit Widens to EUR2.3B in Jan-Apr 06.13.2019
Romania's current account balance posted a deficit of EUR2.306 billion in January-April, compared with a deficit of EUR1.665 billion in the same... more
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BT Analyst: Romania Annual Inflation Rate, Under HICP, May Fall To 3.8% In 2019 Vs 4.1% In 2018 06.13.2019
The annual inflation rate, under the harmonised index of consumer prices (HICP), is expected to fall to 3.8% in 2019, from 4.1% in 2018, and to... more
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Romania Inflation Rate Flat At 4.1% In May 2019 06.12.2019
Romania's annual inflation rate stood at 4.1% in May 2019, the same as in April 2019, data from the country's statistics board showed Wednesday. more
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Romania Posts EUR5.038B Trade Gap In January-April 2019 06.10.2019
Romania's trade balance posted a deficit of EUR5.038 billion in January-April 2019, EUR1.298 billion higher (+34.7%) compared with the same period... more
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BT Analyst: Romania GDP Growth Rate Seen Slowing Down To 3.5% In 2019 Vs Govt’s 5.5% Forecast 06.07.2019
Romania’s economy will slow down its growth rate from 4.1% in 2018 to 3.5% in 2019 and 3.4% in 2020, respectively, but it will accelerate to 3.6%... more
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IMF Warns of Rising Macroeconomic Imbalances in Romania 06.07.2019
Consumption-led growth has remained strong in Romania, raising people’s incomes toward those in advanced Europe, but macroeconomic imbalances... more
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Net Investment in Romania Grows 5.7% YoY in 1Q/2019 06.07.2019
Net investments in the Romanian economy grew 5.7% in the first quarter of 2019, compared with the first quarter of 2018, to RON17.3 billion, data... more
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Romania Average Net Salary Grows 1.3% on Month in April 06.07.2019
The net average salary in Romania grew 1.3% in nominal terms April compared with March, to 3,115 lei (around EUR660), data from the country's... more
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Eurostat: Romania Posts Second Largest GDP Growth In EU In 1Q/2019 06.06.2019
Romania reported the second largest annual economic growth in the European Union in the first quarter of 2019, of 5.1%, data from Eurostat, the... more
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Consumption Drives Romania's GDP Growth to 5% in 1Q/2019 06.06.2019
Romania's gross domestic product grew 5% in the first quarter compared with the same period of 2018, driven mainly by consumption, a second reading... more
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BT Analyst: Private Consumption, Main Component Of GDP, To Grow 5.3% In 2019, Moderate To 5% In 2020-2021 06.05.2019
Private consumption, the main component of the gross domestic product (GDP), will grow 5.3% in 2019, a rate close to last year’s, but it will... more
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BT Analyst: Romania Annual Unemployment Rate Expected To Grow From 4.1% In 2019 To 4.4% In 2020 06.05.2019
Romania’s annual unemployment rate is expected to grow by an average rate of 4.4% in 2020 and of 4.7% in 2021, according to estimates by Andrei... more
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Isarescu Says Managing Macroeconomic Balances Is Main Risk to Romania's Financial Stability 06.05.2019
The deterioration of macroeconomic balances is the main risk identified by the central bank it its latest report on Romania's financial stability,... more
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Romania Unemployment Rate Grows to 4% in April 06.04.2019
Romania's seasonally adjusted unemployment rate grew to 4% in April from 3.9% in March, data from the country's statistics board showed Tuesday. more
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Romania's Budget Deficit Nearly Doubles to 1.1% of GDP in Jan-Apr 06.04.2019
Romania's general consolidated budget posted a deficit of RON11.4 billion in January-April, or 1.1% of gross domestic product, 88.4% higher than in... more
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CFA Romania Analysts See Leu Falling To 4.84 Units Vs Euro In Next 12 Months 05.28.2019
Financial analysts’ confidence in Romania’s economy grew on the month in April 2019, but is still below the level registered in the... more
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Romania’s Wage Bill to Overshoot EUR100B Mark by 2020 05.28.2019
Romania’s wage bill (which includes all net wages, taxes and related contributions) stood at EUR80 billion in 2018 and will amount to more than... more
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IMF Mission In Romania For Annual Assessment Of Country’s Economy 05.27.2019
A team of the International Monetary Fund (IMF), led by Jaewoo Lee, on Monday (May 27) started a two-week visit to Romania for an annual assessment... more
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Central Bank Doesn't Rule Out Rate Hikes This Year 05.17.2019
Romania's central bank doesn't rule out raining the benchmark interest rate this year but doesn't foresee such a move either, governor Mugur... more
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Romania Central Bank Raises Year-End Inflation Forecast to 4.2% from 3% 05.17.2019
Romania's central bank revised its 2019 year-end inflation forecast to 4.2%, well above its variation target band, from a previous forecast of 3%,... 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.
