06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

05.20.2022

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more

05.03.2022

Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection of more

04.29.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

04.28.2022

Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the 4.3% in more

04.20.2022

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 more

03.17.2022

Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product (GDP) more

02.15.2022

Lender ING has lowered its economic growth projection for Romania to 3.2% in 2022 from 4.5% previously, and kept unchanged its projection for 2023 at 4.5%, ING Romania chief economist Valentin Tataru more

02.15.2022

Lender Banca Comerciala Romana (BCR) has revised its forecast on Romania’s economic growth down to 3.2% in 2022 from a previous forecast of 4%. more

01.26.2022

Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a monthly more

12.28.2021

Lender Banca Transilvania has revised Romania’s economic growth forecast to 6.2% in 2021, 5.2% in 2022 and 4.9% in 2023, respectively, in line with updated macroeconomic forecasts. more

12.20.2021

Financial analysts expect the Romanian leu will depreciate to an average of 5.1145 units to the euro in the next 12 months, while inflation is seen averaging 5.8% during the same period, a monthly more

12.02.2021

Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy more

11.16.2021

Lender Banca Comerciala Romana has lowered its economic growth projection for Romania to 6.4% in 2021, versus 7.4% previously, after the country’s statistics board INS revised its GDP data on more

11.16.2021

Lender Raiffeisen Bank has revised downwards its economic growth projections for Romania to 6.2% from 7.5% previously after the country’s statistics board INS released the GDP data for the third more

11.16.2021

Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from 4.9% more

11.11.2021

Romania’s economy is expected to expand by 7% in 2021, slightly lower than the 7.4% growth rate projected in July, the European Commission said on Thursday (Nov 11) in its Autumn 2021 Economic more

11.11.2021

Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the bank more

11.10.2021

Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday. more

10.15.2021

The annual inflation rate would probably rise over the short time horizon to much higher values than those anticipated in the August forecast, which had indicated a 5.6% in December 2021 and levels of more

10.12.2021

Romania's annual inflation rate kept its upward trend in September 2021, surging to 6.3%, higher than 5.3% in August 2021, data from the country's statistics board showed Tuesday. more

09.10.2021

Romania's annual inflation rate kept its upward trend in August 2021, growing to 5.3%, higher than 5% in July 2021 and 3.94% in June 2021, data from the country's statistics board showed Friday. more

08.09.2021

Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more, the report on more

07.30.2021

Romania’s general consolidated budget posted RON19.17 billion or 1.68% of GDP deficit in the second quarter of 2021, RON10.74 billion lower than the RON29.91 billion or 2.08% of GDP forecast. more

07.30.2021

Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estimates a more