Romania Current Account Deficit Widens to EUR4.8B in January-July
09.13.2018
Romania's current account balance posted a deficit of EUR4.811 billion in January-July, compared with a deficit of EUR4.162 billion in the same period last year, central bank data showed Thursday.
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Central Bank Sees Inflation Declining in 3Q, Heading To Upper Bound of Target Interval 08.06.2018
Romania's central bank sees the annual inflation rate declining in the third quarter, remaining above the variation band of the target, before... more
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Eurostat: Romania Ranks 8th Among EU Countries With Lowest Unemployment Rates 07.31.2018
Romania registered a 4.5% unemployment rate in June 2018, the eighth lowest rate in the European Union, according to a report released on Tuesday... more
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Romania Unemployment Rate Dips To 4.5% in June 07.31.2018
Romania's seasonally adjusted unemployment rate fell slightly to 4.5% in June from 4.6% in May, data from the country's statistics board showed... more
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Romania's Budget Deficit Doubles in 1H, to 1.61% of GDP 07.27.2018
Romania's general consolidated budget posted a deficit of RON14.97 billion in the first half of 2018, or 1.61% of the gross domestic product, more... more
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Eurostat: Romania Ranks Fourth Among EU States With Lowest Government Debt-To-GDP Ratio In 1Q/2018 07.20.2018
Romania’s government debt reached 34.4% of the gross domestic product in the first quarter of 2018, the fourth lowest level in the European... more
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Romania Prognosis Commission Cuts 2018 GDP Growth Forecast To 5.5% From 6.1% 07.19.2018
Romania’s prognosis commission, or CNP, has revised downward, in its 2018 intermediate summer prognosis, its economic growth forecast to 5.5% in... more
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Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018 07.18.2018
Romania ranks first in the European Union regarding the annual inflation rate in June 2018, seeing an increase of 4.7% in the Harmonised Index of... more
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Romania Current Account Deficit Widens to EUR3.018B in Jan-May 07.16.2018
Romania's current account balance posted a deficit of EUR3.018 billion in January-May compared with a deficit of EUR2.606 billion in the same... more
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Romania’s Annual Inflation Rate Flat At 5.4% In June 2018 07.11.2018
Romanian consumer prices inched up 0.02% in June 2018 from a month earlier, but the annual inflation stayed put at 5.4%, similar with the level... more
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Unicredit: Romania GDP Growth To Moderate At Just 3.9% In 2018; Inflation May Fall To 4.1% End-2018 07.10.2018
Romania’s economic growth will moderate at just 3.9% in 2018, from 6.9% in 2017, a trend that will also be kept in 2019, while the inflation rate... more
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Romania Trade Deficit Widens To EUR5B In January-May 2018 07.10.2018
Romania's trade balance posted a deficit of EUR5 billion in January-May 2018, EUR546.8 million higher compared with the same period of 2017, data... more
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Romania Net Average Salary Drops 0.3% On Month In May 2018 07.09.2018
The net average salary in Romania fell 0.3% in May 2018 compared with April, to 2,704 lei (EUR580), data from the country's statistics board showed... more
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Romania GDP Grows 4% on Year in Q1 07.06.2018
Romania's gross domestic product grew 4% in the first quarter of 2018, compared with the same period a year ago, a second reading from the... more
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Romania Unemployment Rate Flat at 4.6% in May 07.02.2018
Romania's seasonally adjusted unemployment rate remained unchanged at 4.6% in May compared with April, data from the country's statistics board... more
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Romania Central Bank Governor Cautions on Growing External Imbalances 06.29.2018
External imbalances have grown due to fiscal stimulus that boosted consumption but have not yet reached the caution threshold. However, the strong... more
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Romania Posts Budget Deficit Of 0.88% Of GDP In January-May 2018 06.28.2018
Romania’s general consolidated budget posted a deficit of RON8.14 billion, or 0.88% of the gross domestic product (GDP), in the first five months... more
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Romania Unemployment Rate At 4.7% In 1Q/2018 06.27.2018
Romania's seasonally adjusted unemployment rate stood at 4.7% in the first quarter of 2018, unchanged from the level registered in the previous... more
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BT Analyst: Annual Lending Dynamics May Decelerate To 4% In 2018, From 4.7% In 2017 06.26.2018
The annual dynamics of lending is expected to decelerate to 4% in 2018, 2.2% in 2019 and 0.9% in 2020, respectively, from 4.7% in 2017, against the... more
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CFA Romania Analysts See Leu Falling To 4.7 Units Vs Euro In Next Six Months 06.25.2018
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to 4.7 units per euro in the next six... more
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Romanian Leu Falls To All-Time Low Against Euro 06.22.2018
The leu has lost ground lately, but still remained more stable than the Polish zloty, Hungarian forint and the Czech koruna. more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
