04.26.2024

Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on more

04.22.2024

Romania had one of the government deficit to Gross Domestic Product ratios in the European Union in 2023, 6.6%, behind only Hungary and Italy, while its government debt to GDP ratio was lower than the more

04.12.2024

Romania's current account balance posted a deficit of EUR2.7 billion in January-February 2024, 25% higher than in the year-ago period, central bank data showed on Friday (April 12, 2024). more

04.09.2024

Romania's trade balance posted a deficit of EUR4.1 billion in January-February 2024, lower by 5.2% compared to the same period of 2023, data from the country's statistics board INS showed on Tuesday more

04.01.2024

Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024. more

03.15.2024

Romania's current account deficit stood at EUR1.35 billion in January 2024, almost double the EUR760 million level reported in January 2023, central bank data showed on Friday (March 15, 2024). more

03.11.2024

Romania's trade balance posted a deficit of EUR1.95 billion in January 2024, lower by EUR359 million (-15.5%) compared to January 2023, data from the country's statistics board INS showed on Monday more

02.14.2024

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more

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 Tuesday (February 13, 2024). more

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 showed on Friday (February 9). more

01.12.2024

Romania's current account balance posted a deficit of EUR20.2 billion in January-November 2023, lower than the EUR24.3 billion level reported in the same period of 2022, central bank data showed on more

12.14.2023

Romania's current account balance posted a deficit of EUR18.3 billion in January-October 2023, lower by 20% than the EUR22.9 billion level reported in the same period of 2022, central bank data showed more

12.11.2023

Romania's trade balance posted a deficit of EUR23.1 billion in January-October 2023, lower by EUR5.21 billion (-18.4%) compared to January-October 2022 period, data from the country's statistics board more

11.13.2023

Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central bank data more

10.26.2023

Romania’s general consolidated budget posted a deficit of RON56.46 billion in January-September 2023, or 3.55% of gross domestic product (GDP), as compared to a budget gap of RON41.70 billion (2.96% more

10.13.2023

Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on more

10.04.2023

Romania’s current labor deficit is estimated at 145,000 people in 2022 and is expected to increase to about 224,000 people in 2026 without taking any measures, representatives of the American more

09.29.2023

Romania’s general consolidated budget posted a deficit of RON42.19 billion in January-August, 2023, or 2.65% of gross domestic product (GDP), as compared to a budget gap of RON32.98 billion (2.34% more

09.13.2023

Romania's current account balance posted a deficit of EUR11.89 billion in January-July 2023, lower than the EUR15.2 billion level reported in the same period of 2022, central bank data showed on more

09.11.2023

Romania's trade balance posted a deficit of EUR15.6 billion in January-July 2023, lower by 17% compared with January-July 2022, data from the country's statistics board INS showed on Monday (Sept 11). more

08.16.2023

Romania's Fiscal Council has revised its 2023 budget deficit projection upwards to over 6% of gross domestic product (GDP), in the absence of measures aimed at correcting the budget gap, as per data more

08.14.2023

Romania's current account balance posted a deficit of EUR9.82 billion in January-June 2023, lower than the EUR11.9 billion in the same period of 2022, central bank data showed on Monday (August 14, more

08.09.2023

Romania's trade balance posted a deficit of EUR13.3 billion in January-June 2023, lower by 14% compared with January-June 2022, data from the country's statistics board INS showed on Wednesday (August more

07.26.2023

Romania’s general consolidated budget posted a deficit of RON37 billion in January-June 2023, or 2.3% of gross domestic product (GDP), higher by almost RON14 billion than the level recorded in the more

07.14.2023

Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central more