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 Thursday.
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Finance Minister: 2019 Budget Will Be Forwarded To Parliament By Mid-December
11.27.2018
Romanian finance minister Eugen Teodorovici said Tuesday the 2019 state budget bill would be sent to Parliament for approval by mid-December,... more
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Romania's Budget Deficit at 2.2% of GDP in Jan-Oct, Finance Minister Says
11.27.2018
Romania's consolidated budget posted a deficit of 2.2% of gross domestic product in January-October, finance minister Eugen Teodorovici said... more
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European Commission Urges Romania to Adjust Ballooning Public Deficit
11.21.2018
Romania's public deficit is seen reaching 3.3% of gross domestic product this year and the European Commission recommends an annual structural... more
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Tax Agency ANAF Under Pressure To Boost Revenue By 15%
11.19.2018
The Finance Ministry is asking tax agency ANAF to improve collection (by 15.3% compared with 2017) to meet the budget revenue and deficit target. more
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Romania’s GDP Grows 4.3% On Year In 3Q/2018
11.14.2018
Romania's gross domestic product grew 4.3% in the third quarter of 2018 compared with the third quarter last year, a flash estimate of the... more
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Romania Current Account Deficit Widens to EUR6.619B in Jan-Sept
11.13.2018
Romania's current account balance posted a deficit of EUR6.619 billion in January-September, compared with a deficit of EUR4.779 billion in the... more
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IMF: Romania Should Reassess Public Sector Wage Growth and Changes to Pensions
11.12.2018
Romania should reassess increases in public wage and planned changes to pension benefits for their negative implications for fiscal sustainability... more
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Romania’s Annual Inflation Rate Falls To 4.3% In October 2018
11.12.2018
Romanian consumer prices grew 4.3% in October 2018, compared with October 2017, but the annual inflation rate is on downward trend, from 5% in... more

The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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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.