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.
-
Romania Annual Inflation Slows To 3.5% In September 2019 10.11.2019
Romania's annual inflation rate slowed to 3.5% in September 2019, lower by 0.4 percentage points compared with 3.9% in August 2019, data from the... more
-
Romania's Real GDP Grew 7.1% YoY in 2017 10.10.2019
Romania's gross domestic product grew 7.1% in real terms in 2017 compared with 2016, final data from the country's statistics board showed Thursday. more
-
Romania GDP Grows 4.4% in 2Q/2019 10.10.2019
Romania's gross domestic product grew an annual 4.4% in the second quarter of 2019, a second reading by the country's statistics board showed... more
-
Romania's Trade Deficit Widens to EUR10.85B in Jan-Aug 10.10.2019
Romania's trade balance posted a deficit of EUR10.85 billion in the first eight months of 2019, EUR1.867 billion higher compared with the same... more
-
Romania Net Average Salary Falls 2.4% on Month in August 10.08.2019
The net average salary in Romania dropped 2.4% in nominal terms in August compared with July, to 3,044 lei (around EUR641), data from the country's... more
-
Romania Posts Budget Deficit of 2.1% of GDP in Jan-Aug 10.03.2019
Romania's general consolidated budget posted a deficit of RON21.9 billion in January-August, or 2.1% of the gross domestic product, finance... more
-
Central Bank: Current Account Deficit Widening Poses Growing Concerns 10.03.2019
Romania's future fiscal and income policy stance is a source of heightened uncertainties and risks to the inflation outlook, while the widening of... more
-
BT Analyst: Romania Annual Unemployment Rate Seen Growing To 4.3% In 2020 From 3.9% In 2019 09.30.2019
Romania’s annual unemployment rate is expected to grow to 4.3% in 2020 and to 4.4% in 2021, from 3.9% in 2019 when it reached the lowest level of... more
-
Foreign Direct Investments In Romania Grew To EUR5.266B In 2018, From EUR4.8B In 2017 09.30.2019
Foreign direct investments (FDI) grew to EUR5.26 billion in 2018, compared with EUR4.8 billion in 2017. Trade was the most popular sector,... more
-
Romania Unemployment Rate Inches Down to 3.8% in August 09.30.2019
Romania's seasonally adjusted unemployment rate inched down to 3.8% in August from 3.9% in July, data from the country's statistics board showed... more
-
Romania Average Net Salary Grows 13% in 2018 09.26.2019
The net average salary in Romania grew 13% in 2018 compared with 2017, to 2,642 lei (around EUR557), data from the country's statistics board... more
-
Romania Unemployment Rate at 3.8% in 2Q/2019 09.26.2019
Romania's seasonally adjusted unemployment rate stood at 3.8% in the second quarter of 2019, from 3.5% in the first quarter, data from the... more
-
Financial Analysts See Leu Falling To 4.8243 Units Vs Euro In Next 12 Months 09.25.2019
Most financial analysts expect the Romanian leu to depreciate to an average 4.8243 lei to the euro over the next 12 months, as per a survey by the... more
-
Eurostat: Romania Had Third Highest Trade In Goods Surplus With Africa In 2018 09.23.2019
The European Union (EU) is the largest partner for trade in goods with Africa, ahead of China, India, the United States and the United Arab... more
-
Eurostat: Romania Posts Highest Annual Inflation Rate in EU in August 09.18.2019
Romania had the highest annual inflation rate in the European Union in August, of 4.1%, followed by Hungary, Netherlands and Latvia, Eurostat data... more
-
Romania Current Account Gap Widens to EUR6.025B in Jan-July 09.13.2019
Romania's current account balance posted a deficit of EUR6.025 billion in the first seven months of 2019, compared with a deficit of EUR4.859... more
-
Eurostat: Romania Posts Largest Monthly Decrease In Industrial Production In EU In July 2019 09.12.2019
Romania registered the largest decrease in industrial production among European Union Member States, of 3.3%, in July 2019 compared with June 2019,... more
-
Romania Annual Inflation Slows to 3.9% in August 09.11.2019
Romania's annual inflation rate slowed to 3.9% in August from 4.1% in July, data from the country's statistics board showed Wednesday. more
-
Romania Net Average Salary Falls 0.7% on Month in July 09.09.2019
The net average salary in Romania dropped 0.7% in nominal terms in July compared with June, to 3,119 lei (around EUR659), data from the country's... more
-
Net Investment in Romania Grows 12.1% YoY in 1H/2019 09.09.2019
Net investments in the Romanian economy grew 12.1% in the first half of 2019, compared with the first half of 2018, to RON39.685 billion, data from... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
more
Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
more
Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
more
Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
more
Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
more
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,
more
Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
more
Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
moreAnalysis
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.
