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.
-
Romanian Leu Hits All-Time Low At 4.7834 Versus Euro yesterday, 13:55
The Romanian leu on Thursday dropped to an all-time low against the euro, as the central bank average reference rate stood at 4.7834 lei to the... more
-
Romania Posts Second Highest GDP Growth in EU in 4Q/2019 02.14.2020
Romania had the second-biggest economic growth in the European Union in the fourth quarter of 2019, with 4.1% on annual basis, after Hungary (4.6%)... more
-
Romania's GDP Grows 4.1% in 2019 02.14.2020
Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a flash estimate from the country's statistics board showed Friday. more
-
European Commission Sees Romania’s GDP Growth At 3.8% In 2020 02.13.2020
The European Commission expects Romania’s economy to grow by 3.8% in 2020, ranking second in the European Union, after Malta, according to the... more
-
Finance Minister Says Central Bank Could Lower Interest Rates 02.13.2020
Romanian finance minister Florin Citu said Thursday the central bank could lower interests as soon as possible if it intends to do so. more
-
Romania Must Negotiate Lowering Its Budget Gap Without Hindering Growth 02.13.2020
Romania's finance minister Florin Citu said Thursday the country's budget deficit would go back below the 3% of GDP limit in 2022 and Romania needs... more
-
Romania's Current Account Gap Widens to EUR10.47B in 2019 02.13.2020
Romania's current account balance posted a deficit of EUR10.478 billion in 2019, compared with a deficit of EUR8.86 billion in 2018, central bank... more
-
Romania's Annual Inflation Rate Slows to 3.6% in January 02.13.2020
Romania's annual inflation rate dropped to 3.6% in January from 4% in December 2019, data from the country's statistics board showed Thursday. more
-
Romania Central Bank Lowers Inflation Forecast to 3% in 2020 from 3.1% 02.11.2020
Romania's central bank sees year-end inflation at 3% in 2020 from a previous projection of 3.1%, central bank governor said Tuesday at a briefing... more
-
EC to Launch Excessive Deficit Procedure on Romania in March, Says Finance Minister 02.11.2020
Romania will be placed under excessive deficit procedures in March at the earliest, outgoing finance minister Florin Citu said Monday evening on TV... more
-
Romania Net Average Salary Grows 5.1% on Month in December 2019 02.11.2020
The average net salary in Romania grew 5.1% in nominal terms in December 2019 compared with November, to 3,340 lei (around EUR700), mainly due to... more
-
Romania Posts Trade Gap of EUR17.28B in 2019 02.10.2020
Romania's trade balance posted a deficit of EUR17.28 billion in 2019, EUR2.164 billion higher compared with 2018, data from the country's... more
-
Profit Tax Revenue Doubled In Ten Years, Shrank As Percentage Of GDP 02.10.2020
The state budget revenue from profit tax has doubled in the past ten years, going from 10 billion lei (over EUR2 billion) to more than RON19... more
-
Central Bank Sees Annual Inflation Declining In Early Months of 2020 02.07.2020
Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the... more
-
Romanian Central Bank Holds Key Rate at 2.5% a Year, Lowers Reserve Rates 02.07.2020
Romania's central bank on Friday kept its benchmark interest rate on hold at 2.5% a year but lowered minimum reserve requirements on foreign... more
-
Romania Forex Reserves Grow to EUR35.5B in January 02.03.2020
Romania's foreign exchange reserves grew to EUR35.505 billion at the end of January from EUR32.926 billion at the end of December, central bank... more
-
BT: Romania Annual Average Unemployment Rate Down To 3.9% In 2019, Lowest Level Since 1991 01.31.2020
Romania's annual average unemployment rate decreased to 3.9% in December 2019, the lowest level since 1991, due to a re-dynamization of productive... more
-
Romania Unemployment Rate Drops To 3.9% In December 2019 01.30.2020
Romania's seasonally adjusted unemployment rate stood at 3.9% in December 2019, lower by 0.1 percentage points than 4% in November 2019, data from... more
-
Analysts: Romania Risks Overshooting 5% Budget Deficit Threshold In Coming Years 01.28.2020
Romania’s 2020 state budget is optimistic, which significantly increases the risk of reaching a 5% government deficit, in the coming years, if... more
-
Romania Posts Budget Deficit of 4.6% of GDP in 2019, Says Finance Minister 01.28.2020
Romania's consolidated budget posted a deficit of 4.6% of the gross domestic product in 2019, wider than the government's estimate of 4.4%, finance... more
Buyout investor Mid Europa Partners, of the most active financial investors in Romania over the last few years, has decided to put on
more
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of
more
Mandatory private pension funds in Romania (Pillar II) had an average yield of 11.8% in 2019, the highest in the past nine years, the
more
The most important international brands worldwide are already present in Romania where they get tens, hundreds of millions or even
more
German retailer Kaufland, leader on the Romanian food trade sector with annual sales of over RON10 billion (EUR2.2 billion), will be
more
Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in
more
Romania's annual inflation rate climbed to 4% in December 2019 from 3.8% in November, data from the country's statistics board showed
more
International rating agency Moody's expects Romania to record one of the highest inflation rates in Central and Eastern Europe (CEE),
moreAnalysis
Romanian Banks Do Better Than EU Banks By Solvency, Profitability But Not Asset Quality
Romania’s banking system has better prudentiality, solvency, profitability and balance sheet structure indicators than the European average.
