Romania Posts Current Account Gap of EUR8.778B in Jan-Oct
12.14.2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
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Romanian Leu Plunges To New All-Time Low At 4.9495 Versus Euro yesterday, 14:35
The Romanian leu collapsed to a new all-time low against the euro on Wednesday (September 22), as the central bank average reference rate stood at... more
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Romanian Unemployment Rate At 5.1% In 2Q/2021 09.17.2021
Romania's seasonally adjusted unemployment rate reached 5.1% in the second quarter of 2021, lower by one percentage point compared to the level... more
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Romania Construction Works Drop 5.8% On Month In July 2021 09.16.2021
The volume of Romanian construction works decreased, as gross series, by 5.8%, in July 2021 compared to June 2021, and by 3.6% as adjusted series... more
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Romania’s Public Debt Reaches 49.3% Of GDP In July 2021 09.14.2021
Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per... more
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Romania Industrial Production Grows 14% YoY In January-July 2021 09.14.2021
Romania’s industrial production increased by 14% as gross series in January-July 2021 compared to the same period in 2020, and by 15.1% as series... more
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Romania Current Account Gap Widens To EUR9.05B In January-July 2021 09.13.2021
Romania's current account balance posted a deficit of EUR9.05 billion in January-July 2021, compared with a deficit of EUR5.35 billion in the same... more
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Net Investment In Romania Grow Over 10% YoY To RON48.513B In 1H/2021 09.10.2021
Net investments in the Romanian economy grew 10.6% in the first half of 2021 compared with the same period in 2020, to RON48.513 billion, data from... more
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Romania Average Net Salary Inches Up 0.1% On Month In July 2021 09.10.2021
The average net salary in Romania inched up 0.1% in nominal terms in July 2021 compared with June 2021, to 3,545 lei (around EUR716), data from the... more
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Romania's Annual Inflation Rate Climbs To 5.3% In August 2021 09.10.2021
Romania's annual inflation rate kept its upward trend in August 2021, growing to 5.3%, higher than 5% in July 2021 and 3.94% in June 2021, data... more
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Romania Posts Trade Deficit Of EUR12.8B In January-July 2021 09.09.2021
Romania's trade balance posted a deficit of EUR12.8 billion in January-July 2021, higher by EUR2.8 billion compared with the first seven months of... more
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Eurostat: GDP Up By 2.1%, Employment Up By 0.7% In The EU 09.08.2021
In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter,... more
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Fitch Ratings: Romania’s Political Crisis Poses Risks To Deficit Reduction 09.08.2021
International rating agency Fitch has warned the collapse of Romania’s coalition government could disrupt fiscal consolidation efforts, which are... more
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Romanian Leu Drops To Fresh All-Time Low At 4.9488 Versus Euro 09.07.2021
The Romanian leu dropped to a new all-time low against the euro on Tuesday (September 7), as the central bank average reference rate stood at... more
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Romania’s GDP Grows 1.8% In 2Q/2021 Vs 1Q/2021 09.07.2021
Romania's gross domestic product (GDP) grew 1.8% in real terms in the second quarter of 2021 compared with the first quarter of 2021, provisional... more
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Romania Raises RON300M Selling Oct 2034 Bonds At 4.34% Average Yield 09.06.2021
Romania's finance ministry on Monday raised a planned 300 million lei (EUR60 million), selling treasury bonds maturing in October 2034 at an... more
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Romanian Leu Slumps To New All-Time Low At 4.9416 Versus Euro 09.03.2021
The Romanian leu dropped to a new all-time low against the euro on Friday (September 3), as the central bank average reference rate stood at 4.9416... more
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Eurostat: Romania Sees Tenth Lowest Youth Unemployment Rate In The EU In 2020 09.03.2021
Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical... more
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Romania Retail Sales Up 12.5% in January-July 09.03.2021
Retail sales in Romania, excluding vehicle sales, grew by 12.5% in the first seven months of the year on the year-ago period, and 7.6% in July on... more
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Prognosis Commission Sees Jobless Rate Falling To 4.8%, Employee Numbers Rising 1.4%, Average Net Wage Up 7.2% 09.03.2021
Romania’s National Strategy and Prognosis Commission said in its summer forecast that it expects the country’s unemployment rate to reach 4.8%... more
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Leu Tumbles To Fresh All-Time Low Of 4.9386 Versus Euro 09.02.2021
The Romanian leu plunged to a new all-time low against the euro on Thursday (September 2), as the central bank average reference rate stood at... more
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809
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Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of
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Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if
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Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric
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Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park
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Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into
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The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future
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The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared
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Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates
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One in Ten Tourism Employees Exited Sector in 2020
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.
