04.15.2014

Foreigners’ medium and long-term deposits at domestic banks, particularly forms of support from parent banks, stabilized during the February-March period at around EUR6.5 billion, signaling a break more

04.09.2014

Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday. more

03.20.2014

In the first quarter of 2014, the business law market witnessed a series of events that, overall, point to a worsening of issues that emerged in previous years. more

03.17.2014

The 1.71 million foreign (non-resident) tourists who traveled to Romania in 2013 spent a total 4.79 billion lei (EUR1.08 billion), mostly on accommodation, according to data released Monday by the more

03.12.2014

Romania’s trade deficit narrowed to EUR249 million in January, from EUR298.8 million in the same month a year before, as exports rose faster than imports, official data showed Wednesday. more

02.10.2014

Romania’s trade deficit significantly narrowed in 2013, to EUR5.7 billion versus EUR9.6 billion in the previous year, mainly due to the export recovery. more

01.13.2014

The volume of foreign currency transactions on the Romanian market slid by 7% last year, to EUR388 billion, amid reduced foreign investments and weak appetite for leu-denominated assets. more

01.09.2014

Romania’s trade deficit narrowed to EUR5.2 billion in the first eleven months of 2013, as exports rose faster than imports, official data showed Thursday. more

12.10.2013

Romania’s trade deficit narrowed in October as exports rose for the second straight month, hitting a record high of EUR4.7 billion, official data showed Tuesday. more

12.10.2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more

11.11.2013

Romania’s trade deficit shrank 42.4% to EUR4.16 billion in the first nine months of 2013, as imports declined while exports increased, official data showed Monday. more

10.10.2013

Romania’s trade deficit shrank 41.3% to EUR3.74 billion in the first eight months of 2013, as imports declined while exports increased, official data showed Thursday. more

09.17.2013

Slowness and fear of taking decisions are among the main reasons why Romania lacks foreign investments, believes Mihai Bogza, president of the Foreign Investors Council (CIS) and chairman of more

09.16.2013

Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed. more

09.09.2013

Romania’s exports rose to a record 4.48 billion euro in July, the country’s statistics institute INS said Monday. more

08.02.2013

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07.10.2013

Romania’s trade deficit narrowed to EUR2.18 billion in the first five months of 2013, from EUR3.67 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

06.10.2013

Romania’s trade deficit narrowed 37.7% on the year to EUR1.67 billion in the first four months, largely reflecting a 7.2% increase in foreign demand, the country’s statistics institute INS said more

05.24.2013

Foreign investors have come to holds more than one fifth of government bonds in lei in circulation, with their share at the end of March 2013 close to almost 21%, from 11% a year before, according to more

05.10.2013

Romania’s trade deficit narrowed 37.6% on the year to EUR1.07 billion in the first quarter, reflecting a pickup in foreign demand and a downfall in imports, the country’s statistics institute INS more

04.10.2013

Exports rose 10% in February 2013 against the same month of the previous year, driven mainly by the auto sector, more specifically the contribution of Ford, which was nonexistent in the first part of more

03.26.2013

Romanian small and medium-sized companies will have limited access to foreign currency loans once the central bank’s new regulations are in place, an official of Volksbank Romania said Tuesday. more

03.12.2013

Romania’s trade deficit narrowed to EUR300.8 million in January, from EUR460.2 million in the year-earlier month, the country’s statistics institute INS said Tuesday. more

03.07.2013

Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said Thursday. more

02.11.2013

Romania’s trade deficit narrowed to EUR9.56 billion in 2012, from EUR9.67 billion a year earlier, as both exports and imports decreased slightly, the country’s statistics institute INS said more