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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CFA Romania Analysts See Leu Falling To An Average of 4.8884 Units Vs Euro In Next 12 Months 02.27.2019
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to an average of 4.8884 units per... more
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Eurostat: Romania's North-East, South-West Oltenia Among European Regions With Lowest GDP Per Capita 02.26.2019
Romania’s North-East and South-West Oltenia regions are among the European regions with the lowest GDP per capita, alongside five regions in... more
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Romania Posts Budget Surplus of 0.07% of GDP in January 02.26.2019
Romania's general consolidated budget posted a surplus of RON0.7 billion in January, or 0.07% of gross domestic product, finance ministry data... more
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Romanian Parliament Adopts 2019 State Budget 02.15.2019
Romanian lawmakers on Friday adopted the 2019 state budget with 275 to 122 votes. more
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Romanian Lawmakers Amend Law to Raise 2019 Deficit Target to 2.76% of GDP 02.15.2019
Romania's lower chamber of Parliament on Friday adopted an amendment to the national law capping the budget deficit to raise the deficit target to... more
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Eurostat: Romania Posts Fourth Biggest GDP Growth in EU in 4Q/2018 02.14.2019
Romania posted the fourth largest annual economic growth in the European Union in the fourth quarter of 2018, of 4%, on a par with Slovakia,... more
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Romania's GDP Grows 4% YoY in Real Terms in 2018 02.14.2019
Romania's gross domestic product grew 4.1% on the year in 2018 (4% in real terms), a flash reading from the country's statistics board showed... more
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BT Analyst: Difficult Investment Climate Expected To Persist In Upcoming Quarters 02.13.2019
Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT), expects a difficult investment climate to persist locally in... more
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Romania's Current Account Deficit Widens to EUR9.4B in 2018 02.13.2019
Romania's current account balance posted a deficit of EUR9.416 billion in 2018, nearly 60% higher than the EUR5.97 billion deficit recorded in... more
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Romania Inflation Rate Flat at 3.3% in January 02.13.2019
Romania's annual inflation rate stood at 3.3% in January, the same as in December 2018, data from the country's statistics board showed Wednesday. more
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Isarescu: Numbers Don’t Show Romania’s Banking System Is The Most Profitable 02.11.2019
Romanian central bank governor Mugur Isarescu on Monday said the profits of banks in Romania are not as big as they are publicly presented or... more
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Romanian Central Bank Raises 2019 Inflation Forecast to 3% from 2.9% 02.11.2019
Romania's central bank has raised its year-end inflation forecast for 2019 to 3% from a previous forecast of 2.9%, central bank governor Mugur... more
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Romania Average Net Salary Grows 5.9% on Month in December 2018 02.11.2019
The net average salary in Romania grew 5.9% in December compared with November, to 2,957 lei (around EUR623), mainly due to holiday and end of the... more
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Romania Trade Gap Widens to EUR15.13B in 2018 02.11.2019
Romania's trade balance posted a deficit of EUR15.13 billion in 2018, EUR2.17 billion higher compared with 2017, data from the country's statistics... more
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Romanian Government Adopts 2019 Budget, Targets Deficit at 2.55% of GDP 02.08.2019
Romania's government on Friday adopted the 2019 state budget, built on an economic growth projection of 5.5%, which critics said is overly... more
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EC Maintains Romania's 2019 GDP Growth Projection at 3.8% 02.07.2019
The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday,... more
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Fiscal Council Says Govt's 5.5% GDP Growth Projection Is Surprising, Unwarranted 02.05.2019
Maintaining an economic growth projection of 5.5% in 2019 especially after the emergency decree 114/2018 introducing new taxes is surprising and... more
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Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty 02.05.2019
Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over... more
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Romania Drafts 2019 Budget on 5.5% GDP Growth, Targets 2.55% of GDP Deficit 02.01.2019
Romania's government targets a deficit of 2.55% of gross domestic product and expects economic growth of 5.5%, according to the 2019 state budget... more
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Romania Unemployment Rate At 3.8% In December 2018 01.31.2019
Romania's seasonally adjusted unemployment rate inched down 0.1 percentage points to 3.8% in December 2018, from 3.9% in November, data from the... 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.
