08.13.2014

Romania's current account balance posted a deficit of EUR878 million in the first six months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data showed more

08.04.2014

Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particularly on more

08.04.2014

Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than initially more

08.04.2014

Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu and more

08.01.2014

Romanian foreign exchange reserves fell to EUR30.9 billion in July, from EUR31.24 billion a month earlier, central bank data showed Friday. more

08.01.2014

Romanian analysts estimate the central bank will lower its monetary policy rate by a quarter of a point to 3.25% in a three-month horizon, with half of the polled analysts expecting a rate cut as more

07.23.2014

Romanian private lending went down 0.4% on the month in real terms to 215.4 billion lei (EUR48.5 billion) in June, amid a further decline of foreign currency loans, central bank data showed Wednesday. more

07.14.2014

Romanian foreign direct investment, or FDI, rose 13.9% on the year to EUR1.09 billion in the first five months of the year, the central bank said Monday. more

07.14.2014

Romania's current account balance posted a deficit of EUR351 million in the first five months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data showed more

07.01.2014

Romanian foreign exchange reserves rose to EUR31.24 billion in June, from EUR30.68 billion a month earlier, central bank data showed Tuesday. more

07.01.2014

Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for foreign more

06.27.2014

The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs with the more

06.26.2014

Romanian private lending went down 0.6% on the month in real terms to 216.9 billion lei (EUR49.4 billion) in May, due to fewer loans in foreign currency, central bank data showed Thursday. more

06.25.2014

The Romanian central bank will lower the reserve requirements for foreign currency deposits at its next monetary policy meeting July 1, following a series of recent monetary easing policies in Europe, more

06.24.2014

The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, while more

06.16.2014

The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years. more

06.13.2014

Romanian foreign direct investment, or FDI, rose 8.7% on the year to EUR785 million in the first four months of the year, the central bank said Friday. more

06.13.2014

Romania's current account deficit widened to EUR298 million in the first four months of 2014, from a gap of EUR241 million a year earlier, largely due to higher income deficit, central bank data more

06.12.2014

Romanians working in Germany and the United States transferred more money home in 2013 than those working in Spain, more numerous but poorly qualified and with lower salaries, while Italy keeps the more

06.02.2014

Romanian foreign exchange reserves fell to EUR30.68 billion in May, from EUR32.44 billion a month earlier, central bank data showed Monday. more

05.26.2014

Romanian private lending edged down 0.1% on the month in real terms to 218.3 billion lei (EUR49.43 billion) in April, due to fewer loans in foreign currency, central bank data showed Monday. more

05.15.2014

Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday. more

05.15.2014

Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed Thursday. more

05.13.2014

Investor confidence in Central Europe has continued its ascent and is now approaching levels not seen since the region’s peak period between 2003 and 2007, according to the latest Deloitte CE more

05.08.2014

Romania’s exposure to Swiss-franc loans is at 4.1% of total private loans, a sensibly lower ratio compared to other European countries, an official of the central bank said Thursday. more