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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Allianz Trade: Romania’s Economy To Grow By 3.1% In 2025 And 3.6% In 2026
yesterday, 16:50
Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue to... more
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Romania's Central Bank Keeps Key Rate At 6.5% a Year
02.14.2025
Romania's central bank has decided at its Board meeting on Friday (February 14, 2025) to keep its key interest rate unchanged at 6.5% a year. more
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Romania Annual Inflation Drops to 5% in January 2025
02.14.2025
Romania annual inflation slid in January 2025 to 5%, after staying flat at 5.1% in November and December 2024, data from the country’s statistics... more
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Statistics Board: Romania Economy Grew by Just 0.9% in 2024
02.14.2025
Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period,... more
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Romania Ends 2024 With Current Account Deficit Of EUR29.3B, Higher By EUR7.8B vs 2023
02.13.2025
Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data showed on... more
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Statistical Office: Romania Average Net Salary Up 4.8% In December 2024 vs November 2024
02.13.2025
The average net salary in Romania increased by 4.8% (+RON257) in nominal terms in December 2024 compared to November 2024, to 5,645 (EUR1,134),... more
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Statistical Office: Romania's Industrial Production Plunges 13.9% In December 2024 vs November 2024
02.13.2025
Romania's industrial production decreased by 13.9% in December 2024, in unadjusted data, compared to November 2024, and by 1.2% when adjusted for... more
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Bucharest-Ilfov Reaches GDP Per Capita Of 190% Of EU Average In 2023
02.13.2025
The Bucharest-Ilfov region reached a gross domestic product (GDP) at purchasing power per capita of 190% of the EU average in 2023, slightly behind... more
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Statistical Office: Romania’s Trade Deficit Widens 15.3% YoY To EUR33.39B In 2024
02.10.2025
Romania's trade balance posted a deficit of EUR33.39 billion in 2024, higher by EUR4.4 billion (+15.3%) compared to the level reported in 2023,... more
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Statistical Office: Romania Retail Sales Grow 7.8% YoY In December 2024
02.06.2025
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.8% both in unadjusted data and when... more
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Statistical Office: Romania’s Industrial Production Prices Edges 0.7% Lower YoY In December 2024
02.04.2025
Romania's industrial production prices for the total (domestic market and non-domestic market) edged 0.9% lower in December 2024 compared to... more
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Romania Forex Reserves Shrink To EUR60.83B in January 2025
02.03.2025
Romania's foreign exchange reserves shrank by EUR1.3 billion from EUR62.12 billion at the end of December 2024 to EUR60.83 billion at the end of... more
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Statistical Office: Romania Housing Permits Down 1.5% YoY In December 2024
01.31.2025
Romanian authorities issued 2,511 residential building permits in December 2024, 8% fewer than in November 2024 and 1.5% fewer than in December... more
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Romania Unemployment Rate Inches Down To 5.2% Month-On-Month In December 2024
01.30.2025
Romania’s unemployment rate stood at 5.2% in December 2024, lower by 0.1 percentage point than 5.3% recorded in November 2024, data from the... more
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INS: Romanian Execs See Relative Stability In Economic Activity And Staff Numbers In Manufacturing And Services In Jan-March 2025
01.28.2025
Romanian managers expect relative stability in the economic activity and the number of employees in the manufacturing and services sectors and a... more
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Romania Private Lending Up 8.9% YoY To RON421B In December 2024
01.27.2025
Private lending in Romania went up 8.9% to RON421.4 billion in December 2024 compared with December 2023 after the local currency lending rose by... more
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S&P Revises Romania's Outlook To 'Negative' From 'Stable'
01.27.2025
International rating agency Standard & Poor’s (S&P) has revised Romania's outlook to 'negative' from 'stable' while affirming the country's long-... more
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Statistical Office: Romania Manufacturing Industry Orders Down 7.4% On The Month In November 2024
01.23.2025
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) decreased by 7.4%, in nominal terms, in... more
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Statistical Office: Romania's Industrial Sales Down 3.8% On The Month In November 2024
01.23.2025
Romania’s industrial sales (on the domestic and external markets) decreased by 3.8% in nominal terms in November 2024 compared with October... more
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CFA Romania: Economic Confidence Rose in December, But Remains Extremely Low Amid Uncertainties
01.23.2025
The Macroeconomic Confidence Index of CFA Romania rose in December, by 6.7 points to 38.1 points, but remains at an extremely low level amid high... more

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal 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
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.