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.
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Romania Ends 2023 With Current Account Deficit Of EUR22.69B, Down 12% YoY
02.13.2024
Romania ended 2023 with a current account deficit of EUR22.69 billion, down 12% from EUR26 billion at the of 2022, central bank data showed on... more
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Romania Average Net Salary Up 6.6% In December 2023 vs November 2023
02.12.2024
The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the... more
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Romania Ends 2023 With Trade Deficit Of EUR28.9B, Down 15.1% YoY
02.09.2024
Romania's trade balance posted a deficit of EUR28.9 billion in 2023, lower by 15.1% compared to 2022, data from the country's statistics board INS... more
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Statistics Board: Romania Retail Sales Inch Up 0.1% YoY In December 2023
02.06.2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 0.1% in unadjusted data and by 1.5% when... more
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Statistics Board: New Passenger Vehicle Registrations Up 6.7% YoY In Q4/2023
02.06.2024
New registrations of road vehicles for passenger transport in Romania increased by 6.7% in the third fourth of 2023 compared to the fourth quarter... more
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Romania Industrial Production Prices Drop 3.4% YoY In December 2023
02.03.2024
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.4% in December 2023 compared to... more
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INS: Romania Building Permits Down 5.2% YoY In December 2023
02.02.2024
Romanian authorities issued 2,550 residential building permits in December 2023, 5.6% fewer than in November 2023 and 5.2% fewer than in December... more
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Romania Unemployment Rate Stays Put At 5.4% Month-On-Month In December 2023
02.01.2024
Romania’s unemployment rate remained unchanged at 5.4% in December 2023 compared to November 2023, data from the country’s statistics institute... more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.