03.14.2017

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12.06.2016

Garanti Bank forecasts a slowdown in Romania’s economic growth rate in 2017. Thus, the gross domestic product (GDP) is expected to grow up to 3.7% in 2017, in the context in which the evolution of more

11.22.2016

The growth engine of the Romanian economy will slow down in 2017 on the backdrop of lower consumption and retail sales and lower industrial activity, following reduced external demand, according to an more

10.25.2016

The Romanian Government’s top priority should be a sustainable economic growth, followed by investments in human capital, with focus on education and demography, modern infrastructure and the rule more

07.07.2016

Romania’s economic growth will accelerate to 4.1% in 2016, but is likely to slow down to 3.1% in 2017, due, among others, to the dependence on imports and a slowdown in exports generated by more

07.05.2016

Romanian central bank governor Mugur Isarescu on Tuesday said "not any economic growth brings long-term development to the country and when the objective of achieving high growth rates is tributary to more

05.11.2016

The European Bank for Reconstruction and Development (EBRD) said Wednesday it has revised upwards its economic growth projection for Romania in 2016 to 4% from a previously estimated 3.7%. more

04.28.2016

Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence program more

03.23.2016

Romania could see the highest economic growth in Central and Eastern Europe (CEE) due to fiscal relaxation measures and prospects of monetary policy tightening, Erste Group analysts said in their more

03.09.2016

Romania is on top spots among EU states by economic growth, as well as by poverty level, which shows that the growth model is not beneficial to the citizens and cannot be encouraged by the European more

02.24.2016

Romania's central bank chief economist Valentin Lazea warned Wednesday that stimulating consumption will widen the country's current account deficit, after the country managed to adjust it by four more

02.04.2016

Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculations. more

01.07.2016

The World Bank has revised its forecast for Romania's economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Monetary more

12.08.2015

Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption is not more

12.07.2015

Romania "boasts in statistics" about economic growth without development, which eats up resources and makes believe it is a positive dynamic, but, in fact, it is useless, Vasile Dancu, Minister of more

10.07.2015

Romania's gross domestic product grew 3.4% on the year in the second quarter, a slight revision from the statistics institute's previous reading of 3.3%, the institute said Wednesday. more

09.18.2015

Romania's National Prognosis Commission has revised this year economic growth forecast up to 3.4% from a previous forecast of 3.3% and next year's GDP growth to 4.1% from 3.4%, the commission said in more

09.09.2015

The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards. more

08.14.2015

Romania’s economic growth slowed down in the second quarter, with a first reading of the gross domestic product data coming much lower than analyst expectations. more

06.11.2015

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday. more

05.27.2015

Romania’s economy grew 4% in the first quarter, which is the fastest growth rate over the last years, Maricel Popa, state secretary at the Ministry of Economy, Commerce and Tourism, said Wednesday more

04.14.2015

Romania’s gross domestic product will grow 2.7% in 2015, according to the latest World Economic Outlook report issued Tuesday by the International Monetary Fund, which sees the local economy more

02.26.2015

Romania’s media and advertising market is likely to witness a 2%-3% increase this year amid the good performance of the local economy, but economic growth is not strong enough to give companies the more

02.24.2015

Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centuries, which more

02.17.2015

Romania’s economy is expected to grow 3% this year and 3.3% in 2016, driven by strengthening domestic demand, but below the long-term growth potential of 4% estimated by the analysts of British more