03.08.2023

Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1.1%) and more

03.08.2023

Romania's gross domestic product (GDP) grew by 4.8% in real terms (in unadjusted data) in 2022 as compared to 2021, provisional (1) estimates from the country’s statistics board INS showed on more

02.22.2023

Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board of more

02.14.2023

Romania's gross domestic product (GDP) grew by 4.6% in gross series in the fourth quarter of 2022, while at the level of the entire year GDP rose by 4.8%, in line with data published by the more

01.27.2023

The National Commission for Strategy and Prognosis (CNSP) said in its winter forecast that it expects a slowdown in Romania’s economic growth to 2.8% in 2023 and a significant decline in the annual more

01.12.2023

Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from the more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

12.30.2022

Banca Transilvania, Romania’s largest lender by assets, has revised its forecast on the evolution of Romania’s economy and sees the country’s GDP growth tempering at 4.6% in 2022 and at 2.4% in more

12.20.2022

Romania recorded a 22% increase in the gross domestic product (GDP) per capita to EUR10,700 in the first nine months of 2022, the highest growth in the European Union, but keeps the second spot in more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more

11.28.2022

After almost a decade of very strong GDP growth, Romania is preparing itself for a steep slowdown, said Dimitrios Goranitis, Banking and Capital Markets leader, Deloitte Central Europe. more

11.15.2022

Romania's gross domestic product (GDP) grew by 1.3% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, a flash estimate from the country’s more

11.11.2022

Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report released more

10.13.2022

Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lender OTP more

10.12.2022

The national statistics institute INS on Wednesday (Oct 12) revised Romania’s economic growth slightly lower to 5.7% both in unadjusted data and in seasonally adjusted data for the first half of more

10.11.2022

The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fiscal deficit, more

10.06.2022

Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative more

09.28.2022

The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5%, which more

09.27.2022

Romania’s general consolidated budget posted RON32.98 billion deficit in the first eight months of 2022, lower than the RON39.36 billion level reported in the year-ago period, in line with finance more

09.26.2022

The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer. more

09.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised upwards its forecast on Romania’s economic growth to 6% in 2022, from a previous projection of 5.1%. more

09.07.2022

Romania’s statistics board INS has reconfirmed the country’s economic growth at 5.8% both in unadjusted data and in seasonally adjusted data for the first half of 2022 as compared with the same more

08.17.2022

Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board INS said more

08.16.2022

Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic performance in more

07.08.2022

Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board INS said more