01.04.2012

Romania posted an economic growth close to 2% in 2011 and it has kept the budget deficit below the target of 4.4% of the gross domestic product, Prime Minister Emil Boc said Wednesday. more

12.28.2011

Managers expect relative stability in retail, moderate decline in industry and services and decline in construction between December and February, according to data published Wednesday by statistics more

12.12.2011

The austerity measures taken in Romania were "brutal", unthinkable in a Western country such as Germany or France, but people in the East "have learned to live with brutality", according to Andreas more

11.28.2011

Companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute INS said in a more

11.27.2011

Romanian Prime Minister Emil Boc told ProTV in an interview Sunday he will resign if the Government fails to meet economic targets for next year, adding he does not want a new term as prime minister more

11.02.2011

The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but not on the more

10.28.2011

Romanian companies estimate economic activity will remain fairly stable in the fourth quarter of 2011 from a quarter before, with the retail sector set up to grow modestly, the statistics institute more

10.18.2011

The European Bank for Reconstruction and Development cut the economic growth forecast for Romania, in 2012, by 2.7 percentage points, to 1.1%, citing the high exposure to the Greek economy. more

10.13.2011

Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than more

10.11.2011

Romania’s economy might crawl for a very long time, with GDP growth of 1%-3%, since its evolution greatly depends on the exterior, and capital inflows aren’t what they used to be, Tuesday said more

09.28.2011

Romanian managers expect moderate growth in industry and retail, relative stability in services and moderate decrease in construction between September and November 2011, the statistics institute INS more

09.23.2011

The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more

09.20.2011

Levels of economic freedom in Romania have improved over the past year, pushing the country up 37 places to 48th in a ranking released by Canadian think-tank Fraser Institute. more

09.08.2011

Romania fell 10 places to 77 in a global competitiveness ranking released by the World Economic Forum on Thursday. more

09.05.2011

Central bank governor Mugur Isarescu on Monday said that growth cannot be achieved merely by using more money, and economic growth requires stable prices. more

08.30.2011

Romania’s economic sentiment index fell 1.3 points to 92.3 in August, due to investor pessimism in most sectors, a widely watched European Commission monthly survey showed Tuesday. more

08.29.2011

Romanian managers expect moderate growth in retail and relative stability in industry, construction and services during August-October 2011, the statistics institute INS said in a statement Monday. more

08.29.2011

Banca Comerciala Romana (BCR), the largest bank on the local market, reduced its economic growth forecast for next year by one percentage point, from 3.9% to 2.9%, quoting the outlook of prolonged more

08.17.2011

Romania needs no additional measures to cut public spending, and the government should free funds for investments, Finance Minister Gheorghe Ialomitianu said Wednesday. more

08.16.2011

Romania’s second-quarter gross domestic product grew at the lowest rate in the European Union member states for which data is available, according to data released Tuesday by the bloc’s statistics more

08.16.2011

Romania’s second-quarter gross domestic product data is a positive surprise, as sector performances were weak, with only constructions posting a small growth, ING Bank Romania chief economist more

08.16.2011

Romania’s economic growth slowed to just 0.2% in the second quarter, after a 0.7% advance in the earlier quarter, as weaknesses in the external markets accentuated the subdued domestic demand. more

08.15.2011

Romania’s statistics institute is set to announce Tuesday a second-quarter economic growth close to zero or even a minor contraction, analysts say. more

08.08.2011

Romanian entrepreneurs say they have restructured, refinanced and learned from the past three years of crisis, so that they are “trained” to cope with renewed economic slippages. more

07.28.2011

Managers expect moderate growth in industry, construction, retail and services in the July-September period, the Romanian statistics institute INS said in a statement Thursday. more