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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BT: Romania GDP May Slow Down Growth Rate From 4.1% In 2018 To 3.8% In 2019 And 3.3% In 2020 08.16.2019
Romania’s gross domestic product moderated at 4.4% year-over-year in the second quarter of 2019, from 5% in the first quarter, amid global... more
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BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry 08.14.2019
The decrease of the economic growth rate in the second quarter of 2019 was due to a deterioration of the climate in the retail trade and industry,... more
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Romania's GDP Grows 4.4% YoY in 2Q/2019 08.14.2019
Romania's gross domestic product grew an annual 4.4% in the second quarter of 2019, a flash reading by the country's statistics board showed... more
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Romania Current Account Deficit Widens to EUR5.135B in 1H/2019 08.13.2019
Romania's current account balance posted a deficit of EUR5.135 billion in the first half of 2019, compared with a deficit of EUR3.717 billion in... more
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Romania Annual Inflation Rate Climbs to 4.1% in July 08.12.2019
Romania's annual inflation rate climbed to 4.1% in July from 3.8% in June, driven by higher food prices, data from the country's statistics board... more
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Romania's Trade Deficit Widens to EUR7.692B in 1H/2019 08.09.2019
Romania's trade balance posted a deficit of EUR7.692 billion in the first half of 2019, EUR1.376 billion higher compared with the first half of... more
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Fiscal Council Warns Budget Deficit Could Reach 3.7% of GDP 08.08.2019
Romania's Fiscal Council said Thursday in its stance on the government's proposed budget revision the deficit could reach 3.4-3.7% of gross... more
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Romanian Central Bank Sees Inflation at 4.2% in 2019, 3.4% in 2020 08.08.2019
Romania's central bank has kept its year-end inflation forecast at 4.2% for 2019, but raised its projection for 2020 to 3.4% from a previous... more
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Romania Average Net Salary Grows 1.3% on Month in June 08.07.2019
The net average salary in Romania grew 1.3% in nominal terms in June compared with May, to 3,142 lei (around EUR664), data from the country's... more
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Budget Revision Draft Raises Revenues and Spending, Keeps Deficit Target at 2.76% of GDP 08.06.2019
Romania's finance ministry on Tuesday released its proposed state budget revision draft, which raises expected revenues by RON3.75 billion,... more
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Central Bank Reconfirms Inflation Outlook Above Target Variation Band This Year 08.05.2019
Romania's central bank on Monday examined and approved the August 2019 Inflation Report, reconfirming the outlook for the annual inflation rate to... more
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Romania Adjusted Retail Sales Grow 5.7% YoY in June 08.02.2019
Romanian adjusted retail sales rose 5.7% year-on-year in June, after a modest annual growth of 3.7% in May, data from the country’s statistics... more
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Romania Posts Budget Deficit of 1.94% of GDP in 1H/2019 08.01.2019
Romania's general consolidated budget posted a deficit of RON19.96 billion in the first half of the year, or 1.94% of gross domestic product,... more
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Romania Unemployment Rate Grows to 4% in June 07.31.2019
Romania's seasonally adjusted unemployment rate inched up to 4% in June from 3.9% in May, data from the country's statistics board showed Wednesday. more
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Financial Analysts See Leu Falling to 4.82 Units vs Euro in 12 Months, Inflation at 4.05% 07.29.2019
Seven out of ten analysts expect the Romanian leu to depreciate to an average 4.8262 lei to the euro over the next 12 months, while inflation is... more
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Moody’s Sees Romania’s Economy Growing 3.3% In 2019 And 3.5% In 2020 07.26.2019
International rating agency Moody’s forecasts, in its latest report, an economic growth of 3.3% in 2019 and of 3.5% in 2020, respectively, for... more
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Romanian Government Set To Revise Budget in August 07.25.2019
Romania's government will likely approve this year's fist state budget revision in August, pending approvals from the country's defense body and... more
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Eurostat: Romania Posts Highest Annual Inflation Rate In the EU, Of 3.9%, In June 2019 07.17.2019
Romania recorded the highest annual inflation rate in the European Union, of 3.9%, in June 2019, being followed by Hungary (3.4%) and Latvia (3.1%)... more
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Romania Current Account Deficit Widens to EUR3.4B in Jan-May 07.15.2019
Romania's current account balance posted a deficit of EUR3.4 billion in January-May, compared with a deficit of EUR2.564 billion in the same period... more
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Eurostat: Romania Posts Second Largest Decrease In Industrial Production In The EU In May 2019 07.12.2019
With a 1.9% decline in industrial production in May 2019, Romania ranks second among European Union Member States, after Finland, as per a report... 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.
