Romania’s GDP Could Reach EUR200B In 2018
09.19.2017
In 2018, when Romania celebrates 100 years since its Great Union, its gross domestic product could reach EUR200 billion, beating Greece’s or Czech Republic’s.
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Romania Net Average Salary Grows 3% in November 01.12.2018
The net average salary in Romania grew 3% in November compared with October, to 2,464 lei (around EUR531), data from the country's statistics board... more
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Romania Yearend Inflation Hits 3.3% in 2017 01.12.2018
Romanian consumer prices accelerated further in December, hitting an annual inflation rate of 3.3% in December from 3.2% in November, data from the... more
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Keysfin Barometer: One In Two Managers Expects Romania’s Economy To Grow 4.5% In 2018 01.11.2018
Businesspeople are moderately optimistic and concerned about the real evolution of the Romanian economy in 2018, deeming the inflation, the... more
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World Bank Sees Romanian Economy Growing 4.5% in 2018 After 6.4% Growth in 2017 01.10.2018
The World Bank sees Romania's economy growing by 4.5% in 2018, 4.1% in 2019, and 3.5% in 2020, after an estimated growth of 6.4% in 2017, it said... more
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Romania Trade Deficit Widens to EUR11.344B in Jan-Nov 01.09.2018
Romania's trade balance posted a deficit of EUR11.344 billion in January-November 2017, EUR2.57 billion higher than in the same period in 2016,... more
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PwC: Global Economy Set To Grow Nearly 4% In 2018; Romania To Keep Trend 01.09.2018
The global economy is set to grow by almost 4% in 2018 in purchasing power parity (PPP) terms, adding an extra $5 trillion to global output at... more
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Romania Unemployment Rate At 4.7% In November 2017 01.09.2018
Romania's seasonally adjusted unemployment rate stood at 4.7% in November 2017, lower by 0.2 percentage points compared with 4.9% in October, the... more
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President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities 01.03.2018
Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below... more
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Raiffeisen Bank Revises Up Romania’s 2017 GDP Growth Forecast To 6.8% 12.29.2017
Raiffeisen Bank has revised upward its forecast on Romania’s economic growth for 2017, to 6.8% from 5.7%, based on the evolution of the economy... more
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Banca Transilvania Chief Economist: Private Lending To Grow By 3.9% In 2018 12.28.2017
Romanian private lending is seen growing by 3.9% in 2018, according to an analysis by Banca Transilvania chief economist Andrei Radulescu. more
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Romania Posts Budget Deficit Of 1.21% Of GDP In January-November 2017 12.28.2017
Romania's general consolidated budget posted a deficit of RON10.2 billion in January-November 2017, or 1.21% of the gross domestic product (GDP),... more
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Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months 12.27.2017
The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) rose slightly in November, by 0.7... more
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Romanian Parliament Adopts 2018 Budget 12.22.2017
Romanian lawmakers on Friday adopted the country's 2018 state budget, built on an economic growth projection of 5.5%, an average annual inflation... more
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Romania Unemployment Rate at 4.7% in Third Quarter 12.22.2017
Romania's seasonally adjusted unemployment rate stood at 4.7% in the third quarter, compared with 4.8% in the second quarter, the country's... more
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Romania GDP Grew 4.8% in Real Terms in 2016 12.20.2017
Romania's gross domestic product grew 4.8% in real terms compared with 2015, semi-final data from the country's statistics board showed Wednesday. more
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Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct 12.14.2017
Romania's current account balance posted a deficit of EUR5.3 billion in January-October, compared with a deficit of EUR2.83 billion in the same... more
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Romanian Inflation Accelerates to 3.2% in November 12.12.2017
Romanian consumer prices accelerated further in November, hitting an annual inflation rate of 3.2%, from 2.6% in October, data from the country's... more
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Romania Trade Deficit Widens to EUR10.2B in Jan-Oct 12.11.2017
Romania's trade balance posted a deficit of EUR10.2 billion in January-October, EUR2.29 billion higher than in the same period in 2016, data from... more
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Romania Average Net Salary Grows 0.7% In October 12.11.2017
The net average salary in Romania grew 0.7% in October compared with September, to 2,392 lei (around EUR516), data from the country's statistics... more
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Net Investment in Romania Grows 3.6% in Jan-Sept, to RON50B 12.08.2017
Net investments in the Romanian economy grew 3.6% in the first nine months compared with the same period last year, to RON50 billion, data from the... more
ING Bank Romania on Thursday said its revenue grew 32% on the year, to RON425 million, in the first quarter of 2018, and its net profit
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Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the
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AmCham Romania (the American Chamber of Commerce in Romania), which represents over 430 American, multinational, and Romanian
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Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy
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There are about 400 concepts on the Romanian market and 35% of them are Romanian. The largest Romanian franchise concepts include Salad
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Romanian central bank governor Mugur Isarescu might retire in 2019 upon expiry of his term at the central bank and reaching the
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The European Bank for Reconstruction and Development (EBRD), the main institutional investor in Romania, invested over half a billion
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Lender Raiffeisen Bank doubled its net profit in the first quarter, to RON212 million, while its revenues increased 16%, to RON554
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Non-observance of the calendar to raise contributions to private pension Pillar II to 6% of gross income has had an impact of EUR1.1
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The Transavia group, which includes the company the by same name in Alba County and producer Agricola Brasov, posted EUR145 million
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Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.
