11.13.2012

Romanian economic growth will likely slow down to 0.5% or even stagnate in 2012, followed by a modest recovery in 2013, according to estimates of Coface rating agency. more

11.08.2012

The International Monetary Fund estimates Romania will post only a modest economic growth in 2013, due to delays in EU fund absorption and implementation of structural reforms, IMF mission chief Erik more

11.07.2012

The European Commission revised its forecast on Romanian economic growth to 0.8% in 2012 from 1.4% previously, citing a weaker-than-expected agricultural year and domestic political uncertainties. more

10.26.2012

The European Bank for Reconstruction and Development revised downwards its forecast on Romania’s economic growth to 0.5% in 2012, citing the eurozone crisis, the lower farming output and the more

10.17.2012

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.1% in 2012, from 1.4% previously, citing prolonged uncertainties in more

08.30.2012

Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects more

08.14.2012

The International Monetary Fund has revised down its forecast on the Romanian economy to 0.9% in 2012 from 1.5% previously, IMF mission chief Erik de Vrijer said Tuesday. more

08.09.2012

Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax. more

08.08.2012

The International Monetary Fund will not lower its forecast on the Romanian economic growth below 1% for 2012, in spite of a weak harvest predicted for this year and the difficult climate elsewhere in more

08.02.2012

Romania’s economy might grow at a slower pace than expected in 2012, central bank governor Mugur Isarescu said Thursday, adding that the indicators available so far would call for a revised more

07.25.2012

The European Bank for Reconstruction and Development Wednesday revised downward its forecast on Romania’s economic growth to 0.8% in 2012, from 1.2% previously, citing increased vulnerability to the more

05.31.2012

A sluggish economic recovery and falling exports have prompted Romanian officials to revise downward the 2013 growth forecast to 3.1%, from 4.5% initially, according to a government document. more

05.16.2012

Romania's economic growth is likely to slow down to 1.6% in 2012, from 2.5% a year earlier, in line with the general evolution forecast for the Central and Eastern Europe, a report from Fitch Ratings more

05.15.2012

Continuing downward pressure on exports from the eurozone and a generally bleak international climate are likely to affect Romania’s economy in the second quarter, tilting the scales to the more

05.11.2012

The European Commission revised its forecast on Romanian economic growth to 1.4% in 2012 from 1.6% previously, saying it expects exports will have a negative contribution due to financial and economic more

04.04.2012

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowdown in more

03.23.2012

The revision of the economic growth forecast to 1.7% is the first official acknowledgement that the gross domestic product this year will be lower than the expectations in 2011, around which the more

03.09.2012

Romania’s Finance Ministry has revised upward its forecast on the gross domestic product to around 609 billion lei (EUR140 billion) in 2012, from RON580 billion previously, state secretary Gheorghe more

02.23.2012

The European Commission revised its forecast on Romanian economic growth to 1.6% in 2012 from 2.1% previously, saying it expects growth to be negatively affected by uncertainties in the financial more

02.15.2012

Most analysts estimate the economy slowed down in the fourth quarter of last year as a result of the significant deterioration of the industry growth rate amid a slowdown of western economies, but more

02.05.2012

The International Monetary Fund has revised the forecast for Romania's economic growth this year downward slightly, from 1.8-2.3% to 1.5-2%, but does not rule out the GDP increasing by more than 2%, more

01.30.2012

The International Monetary Fund (IMF), which currently has one of the most optimistic forecasts for Romania’s economic growth this year, 1.8% to 2.3%, is getting ready to lower its estimates. Talks more

01.19.2012

Romanian economy grew at an annualized rate of 2.5% in 2011, mostly fueled by higher exports and a good farming harvest, President Traian Basescu estimated Thursday. more

01.18.2012

The World Bank has revised downward its forecast on Romanian economic growth to 1.5% in 2012 from 3.7% previously, citing deteriorating external outlook and the country’s increased vulnerability to more

01.18.2012

Romania faces a difficult economic year in 2012, amid shrinking demand from foreign partners as the euro zone crisis shows no sign of abatement and potential bank deleveraging as European lenders more