03.30.2015

Romania’s central bank is likely to lower its main monetary policy rate by 25 basis points to a record low of 2% in its Tuesday board meeting, the last rate cut in the current cycle, according to a more

03.24.2015

Romanian private lending continued its downward trend in February, after a 0.7% monthly decline in January, central bank data showed Tuesday. more

03.16.2015

Romanian foreign direct investment, or FDI, rose to 299 million euros in January, from EUR244 million in the same month of 2014, data from the central bank showed Monday. more

03.16.2015

Romania's current account balance posted a surplus of 554 million euros in January, more than double compared with EUR252 million in the same month a year ago, central bank data showed Monday. more

03.02.2015

Romanian foreign exchange reserves fell by 113 million euros to EUR30.48 billion in February, from EUR30.59 billion in the previous month, central bank data showed Monday. more

02.24.2015

Romanian private lending went down in January, as banks continue to shed bad loans of their books, central bank data showed Tuesday. more

02.13.2015

Romania's current account balance posted a deficit of 696 million euros in 2014, compared with EUR1.17 billion a year earlier, mainly due to a wider services surplus and a narrower primary income more

02.11.2015

Banks in Romania registered a cumulated loss of RON8 billion during four of the last six years, as well as profit of RON0.9 billion and a net loss of RON7.1 billion during a two-year period, which more

02.04.2015

Romania’s central bank has lowered again its year-end projection of the inflation rate to 2.1% in 2015, from 2.2% seen previously, governor Mugur Isarescu told a news briefing Wednesday. more

02.04.2015

Romania’s central bank on Wednesday lowered its main monetary policy rate by 25 basis points to a new record low of 2.25%, in a largely expected move as the bank sees the inflation staying well more

02.02.2015

Romanian foreign exchange reserves fell by 1.62 billion euros to EUR30.59 billion in January, due to payments made for loans taken from the International Monetary Fund and the European Union, central more

01.27.2015

Romanian private lending fell 3.9% in real terms during 2014, due to a significant decline in foreign currency credit, as lower interest rates and the leu depreciation brought on higher demand for more

01.13.2015

Romanian foreign direct investment, or FDI, stood at EUR2.12 billion after the first 11 months of 2014, after a high inflow in November, data from the central bank showed Tuesday. more

01.13.2015

Romania's current account balance posted a deficit of EUR302 million in the first eleven months of 2014, compared with EUR801 million in the year-earlier period, mainly due to a wider services surplus more

01.09.2015

Romania’s central bank could lower again its main lending rate at the next monetary policy council in February, after this week’s 25-basis point cut, Capital Economics said Friday in a report. more

01.07.2015

Romania’s central bank Wednesday cut its main monetary policy rate by 25 basis points, to a record low 2.5%, in line with market expectations. more

01.05.2015

Romanian foreign exchange reserves fell by 309 million euro to EUR32.216 billion in 2014, despite a moderate increase in December, central bank data showed Monday. more

12.29.2014

The volume of overdue loans in Romania banking system fell in November to 26.8 billion lei (almost EUR6 billion), the lowest level in two years and a half, central bank data showed Monday. more

12.23.2014

Romanian private lending went up 0.1% on the month in real terms in November, after a similar increase in October, central bank data showed Tuesday. more

12.15.2014

Romanian foreign direct investment, or FDI, went down to EUR1.59 billion in January to October, from EUR1.82 billion in the year-ago period, the central bank said Monday. more

12.15.2014

Romania's current account balance posted a deficit of EUR263 million in the first ten months of 2014, compared with EUR675 million in the same period a year ago, mainly due to a wider services surplus more

12.02.2014

Romanian foreign exchange reserves fell to 31.47 billion euros at the end of November, from EUR32.2 billion euros a month before, after a change in the mandatory reserve requirements, central bank more

11.25.2014

Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday. more

11.19.2014

Meric Capital, private capital fund manager created by Israeli-based Plotkin Project, finalized its first real estate project in Romania, in downtown Bucharest, following EUR2.5 million investments. more

11.13.2014

Romanian foreign direct investment, or FDI, rose 1.4% on the year to EUR1.51 billion in January to September, the central bank said Thursday. more