10.22.2013

Romanians are more optimistic regarding their country’s economic development this year and both their willingness to buy and income expectations increased in the third quarter of 2013 compared with more

10.16.2013

Banks, companies in the industrial sector and local authorities in Romania have borrowed over EUR1 billion in the past year from the three major international financial institutions – the World more

10.09.2013

Romania’s Government must reduce the value added tax back to 19%, lower social security contributions and eliminate taxes on reinvested profit to ensure sustained economic growth, according to more

09.27.2013

Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a survey from more

09.05.2013

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat. more

09.04.2013

Romania climbed two places to 76th in a global competitiveness ranking released by the World Economic Forum on Wednesday. more

08.30.2013

Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the European more

08.14.2013

Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed more

07.30.2013

Romania’s economic sentiment index declined in July after three months of growth, amid worsening outlook in industry and retail, a widely watched European Commission monthly survey showed Tuesday. more

07.24.2013

Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday. more

07.23.2013

The National Statistics Institute is set to announce the economic growth for the first half of the year in mid-August, but estimates have already appeared, suggesting GDP growth of between 1.8% and more

07.16.2013

Exports, domestic demand and the investments are the three engines that should propel Romania’s economy, as depending on only one growth driver will lead to imbalances hard to stabilize, according more

07.03.2013

The number of employees in Romania’s information technology (IT) industry reached 38,300 at the end of April, 3,000 more since the beginning of the year, while the number of employees in the local more

06.28.2013

Romanian executives estimate all major economic sectors will grow over the June-August period compared with the previous three months, with constructions and retail expected to expand at a faster more

04.29.2013

Romania’s economic sentiment index fell for a second straight month in April, on increased pessimism in most sectors, a widely watched European Commission monthly survey showed Monday. more

04.18.2013

The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012. more

03.28.2013

Romanian executives estimate all key economic sectors will see a spike in activity levels in the March-May period compared with the previous three months, the statistics institute INS said in a survey more

03.07.2013

Romania’s industry is dealt blow after blow: chemical plant Oltchim, refinery Arpechim, and steel plants Mechel are falling apart and the Government cannot find solutions. Where is Romanian industry more

01.28.2013

Romanian companies expect the construction sector will continue decline in the first quarter of the year compared with the previous three months, while activity in retail and services will be mildly more

01.28.2013

The year 2013 will be lethargic – liquidity will no longer be a problem for the banking market, but we shall witness a lack of loan demand and it is very difficult to tell where economic growth will more

01.22.2013

Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World Bank, more

12.28.2012

Romanian companies expect construction activity will decline between December 2012 and February 2013, as demand continues to weaken, the statistics institute INS said in a survey Friday. more

11.28.2012

Romanian companies expect activity in construction will continue to decline in the November-January period, but prices in the economy are seen rising, the statistics institute INS said in a survey more

11.07.2012

Stimulating investments and stepping up the privatization program should be among Romania’s top priorities in 2013, the European Bank for Reconstruction and Development said Wednesday. more

10.29.2012

Romanian companies expect construction activity will continue to decline in the last three months of 2012, on weaker demand, the statistics institute INS said in a survey Monday. more