06.11.2015

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday. more

06.04.2015

Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isarescu said more

05.28.2015

The increase of disposable income and developments of the labor market will fuel the private consumption, the main driver of Romania’s economic growth projected at 3% for 2015, according to the more

05.27.2015

Romania’s economy grew 4% in the first quarter, which is the fastest growth rate over the last years, Maricel Popa, state secretary at the Ministry of Economy, Commerce and Tourism, said Wednesday more

05.14.2015

Romania is expected to see among the highest growth in emerging Europe, amid stronger economic environment in the Eurozone, according to the latest Regional Economic Prospects report released Thursday more

04.22.2015

Checks and promissory notes worth 2.3 billion lei (EUR520 million) bounced in the first three months of this year, 44% above the level of 1Q, 2014, as banks could not find enough cash in the accounts more

04.14.2015

Romania’s gross domestic product will grow 2.7% in 2015, according to the latest World Economic Outlook report issued Tuesday by the International Monetary Fund, which sees the local economy more

03.19.2015

Romania ranks second in Central and Eastern Europe by experts' expectations on a six-month time horizon, as Economic Sentiment Indicator rose 4.1 points to 54.2 points in March, and was outranked by more

02.27.2015

Romanian managers predict a recovery in constructions and increased activity in retail and manufacturing industry over the February-May period compared with the previous three months, while output in more

02.26.2015

Romania’s media and advertising market is likely to witness a 2%-3% increase this year amid the good performance of the local economy, but economic growth is not strong enough to give companies the more

02.24.2015

Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centuries, which more

02.20.2015

Romania climbed to the top position in Central and Eastern Europe (CEE) by the financial market experts' expectations on a six-month time horizon, as Economic Sentiment Indicator rose 27 points to more

02.17.2015

Romania’s economy is expected to grow 3% this year and 3.3% in 2016, driven by strengthening domestic demand, but below the long-term growth potential of 4% estimated by the analysts of British more

02.13.2015

Romania’s gross domestic product grew by 2.9% in real terms last year compared with 2013, a flash estimate from the statistics institute INS showed Friday. more

01.27.2015

Romania climbed five spots in a global chart of economic freedom, making its economy the 57th freest in 2015, but is still outranked by countries such as Macedonia, Hungary, or Bulgaria, according to more

01.26.2015

The financial market experts' assessment of the current economic situation for Romania has slightly improved in January, while the Economic Sentiment Indicator, which reflects the expectations on a more

12.04.2014

Romania’s spirits market contracted by 36% in the first nine months of this year and the last quarter, which accounts for 40% in annual consumption, is not likely to bring the market back to growth more

11.14.2014

Romania’s economy performed better than expected in the third quarter, according to official data released Friday, after a poor outing earlier in the year. more

10.27.2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

10.21.2014

The Romanian government targets a 5%-6% annual economic growth over a medium term, by keeping fiscal discipline, so that Romania would narrow the gap with other European states, Finance Minister Ioana more

10.21.2014

SMEs, infrastructure and EU funds should be Romania’s priorities for the country’s economy to register growth of above 5%, says Robin van Rozen, Philips chief executive officer for Southeastern more

09.24.2014

Romania has “huge” potential to grow through its agriculture, but the sector needs new technologies, infrastructure, education and a clear strategy, Johannes Hendrik Mattheus Van Bonzel, the more

08.28.2014

Investor sentiment regarding the outlook of the Romanian economy rose for the fourth consecutive month in August, amid increasing confidence in services, a survey from the European Commission showed more

08.14.2014

The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday. more

05.29.2014

Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatization of more