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.
-
Analysts See Inflation Growing to 2.64% in Next 12 Months 01.26.2021
Most analysts polled by CFA Romania estimate the inflation rate will grow to an average rate of 2.64% in the next 12 months and see the leu... more
-
Moody’s: Romania Rolled Out Lowest CEE Govt Support Package in 2020 01.25.2021
Romania had the lowest government support package to fight the effects of the coronavirus pandemic in Central and Eastern Europe, of just 4% of... more
-
Romania's Prognosis Commission Lowers 2021 GDP Growth Projection To 4.3% 01.18.2021
Romania has lowered its economic growth projection for 2021 to 4.3%, from a previous forecast of 4.5%, according to a forecast of the National... more
-
Romanian Central Bank Cuts Key Rate To Record Low Of 1.25% 01.15.2021
Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a... more
-
Romania's Annual Inflation Rate Stays at 2.1% in December 01.14.2021
Romania's annual inflation rate stood at 2.1% in December 2020, the same as in November, and in line with the central bank's forecast, data from... more
-
Romania's Current Account Gap Widens to EUR9.763B in Jan-Nov 01.13.2021
Romania's current account balance posted a deficit of EUR9.763 billion in January-November, compared with a deficit of EUR9.655 billion in the same... more
-
Romania Postpones Euro Adoption Calendar on Heightened Macroeconomic Imbalances 01.13.2021
Romania will postpone yet again setting a calendar for euro adoption as the country doesn't meet convergence criteria and faces heightened... more
-
Romania Average Net Salary Grows 2% on Month in November 01.13.2021
The average net salary in Romania grew 2% in nominal terms and 1.9% in real terms in November 2020 compared with October 2020, to 3,411 lei (around... more
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809
more
Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of
more
Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if
more
Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric
more
Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park
more
Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into
more
The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future
more
The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared
more
Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates
moreAnalysis
KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022
Almost half (45%) of global executives do not expect to see a return to a normal course of business until sometime in 2022, as opposed to nearly one-third (31%), the 2021 KPMG CEO Outlook Pulse survey has found.
