05.16.2016

Romania saw the highest growth rate in the EU in the first quarter, double as much as Spain and Germany, but its central bank warns the growth was bolstered by pro-cyclical measures. more

05.10.2016

Romania's central bank has revised down its inflation forecast for this year, to 0.6%, from a previous estimate of 1.4%, and to 2.7% in 2017, from a previous estimate of 3.4%. more

05.10.2016

Successive cuts in the value-added tax affect more than 80% of the consumer basket and the most recent VAT cut in January targeted about half of the consumer basket, central bank governor Mugur more

05.05.2016

Romania's central bank on Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year, in line with analyst expectations. more

05.03.2016

Gross financial assets of households in Romania stood at more than 500 billion lei (over EUR100 billion) last year, about one third of which, RON140 billion kept in bank deposits, Romania’s central more

04.25.2016

Romanian private lending increased half a percentage point in March compared with February (0.4% in real terms), to RON216.3 billion, central bank data showed Monday. more

04.22.2016

Romanian lenders refused to pay promissory notes, checks and notes of exchange worth 218 million lei (EUR49 million) in March 2016, which is lower by more than 30% compared with February, according to more

04.13.2016

Romania’s current account balance posted a deficit of EUR337 million in January-February, compared with a deficit of EUR42 million registered in January-February 2015, central bank data showed more

04.07.2016

Private loans totaled RON27 billion in 2015, of which RON20.8 billion were new loans and RON6.2 billion were refinanced and restructured loans, deputy central bank governor Liviu Voinea said Thursday. more

04.01.2016

Romania's foreign exchange reserves grew to EUR31.28 billion in March from EUR30.82 billion in February, the central bank said in a statement Friday. more

03.31.2016

Romanian central bank governor Mugur Isarescu said the bank should narrow the interest rate corridor in a move to strengthen the main monetary policy rate. more

03.31.2016

The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year, in line with analyst expectations. more

03.23.2016

Romanian private lending declined 0.2% in real terms in February compared with January, to RON215.2 billion, central bank data showed Wednesday. more

03.15.2016

Romania cannot talk about a deflation of the local economy as the country is facing a sharp domestic consumption growth, central bank governor Mugur Isarescu told a conference organized by the central more

03.01.2016

Romanian foreign exchange reserves fell by EUR854 million in February compared with January, to EUR30.82 billion, due to lower minimum required reserve ratios on foreign currency liabilities and the more

03.01.2016

more

02.23.2016

Romanian private lending declined 0.7% in January compared with December, to RON216.11 billion, but grew 2.8% compared with January 2015, central bank data showed Tuesday. more

02.12.2016

Romania’s current account balance posted a deficit of EUR1.76 billion in 2015, 2.6 times higher than the EUR686 million deficit posted in 2014, central bank data showed Friday. more

02.09.2016

Romania's central bank governor thinks it's impossible for the country to secure a new loan agreement with the International Monetary Fund this year or in the near future, as the balance of payments more

02.09.2016

Romania's central bank has revised its inflation forecast to 1.4% this year from a previous forecast of 1.1%, central bank governor Mugur Isarescu told a news conference Tuesday. more

02.09.2016

Negative interest rates have become some kind of dominoes of the central bank elite where if one piece falls, the other do. more

02.05.2016

The Romanian central bank sees inflation going deeper into negative territory until May, due to tax cuts, and the indicator is expected to return within the central bank's target band in early 2017, more

02.05.2016

The Romanian central bank Friday kept its main monetary policy lending rate unchanged at 1.75% a year, the bank said in a statement. more

02.03.2016

Romania’s central bank may keep its monetary policy rate at 1.75% at the upcoming meeting on February 5, a survey from the Association of Romanian Financial and Banking Analysts (AAFBR) showed. more

02.01.2016

Romanian foreign exchange reserves declined by EUR559 million in January compared with December, to EUR31.68 billion, after the central bank lowered minimum required reserve ratios on foreign currency more