02.13.2015

Romania’s gross domestic product grew by 2.9% in real terms last year compared with 2013, a flash estimate from the statistics institute INS showed Friday. more

02.06.2015

Romania is among the very few countries whose debt-to-GDP ratio has decreased since 2007, by seven percentage points, alongside Israel, Egypt, Saudi Arabia and Argentina, according to a study by more

02.05.2015

The European Commission expects Romania’s economy to grow by 2.7% in 2015, from 2.4% previously estimated, powered by domestic demand and supported by the recovery of the global economy, according more

01.29.2015

Coface ratings agency forecasts Romania's economic growth rate at 2.7% this year, in a basic scenario, from a maximum 2.5% in 2014, which depends on the level of consumption in December. more

01.19.2015

The European Bank for Reconstruction and Development (EBRD) Monday maintained its forecast on Romania’s economic growth at 2.8% in 2015, saying the economy would benefit from rising confidence, more

01.14.2015

The World Bank estimates Romania’s economy will grow 2.9% in 2015, a downward revision from its previous forecast, but is expected to accelerate to 3.2% next year. more

01.14.2015

Romania’s gross domestic product grew 3.3% in the third quarter of 2014 compared with the year-earlier period, revised data from the country’s statistics office INS showed Wednesday. more

12.23.2014

Romania’s gross domestic product grew 3.4% in 2013 compared with the previous year to 637.58 billion lei (EUR144.2 billion), according to semi-definitive data released Tuesday by the country’s more

12.04.2014

The 15% year-on-year surge in the value added of the ‘information and communications’ sector in the first nine months enabled it to contribute one quarter of the 2.8% gross domestic product growth more

12.03.2014

The industry and the information and communication services had the biggest contribution at the economic growth registered by Romania in the third quarter, according to provisional data released by more

11.21.2014

Romania’s prognosis commission, or CNP, estimates the country’s economic growth at 2.6% this year and at 2.5% in 2015, similar to its spring forecasts of 2.5% for this year, and 2.6% for 2015. more

11.14.2014

Romania’s economy performed better than expected in the third quarter, according to official data released Friday, after a poor outing earlier in the year. more

11.04.2014

The European Commission expects Romania’s economy to grow only 2% in 2014, a significant cut from a 2.8% estimated in June, due to a strong deceleration in the second quarter. more

10.27.2014

Romania’s largest lender Banca Comerciala Romana, or BCR, revised downwards its forecast on Romania’s economic growth to 1.8% in 2014 and 3% in 2015, due to the very low public investments and more

10.27.2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

10.21.2014

The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday. more

10.17.2014

Investments in armament, as well as illegal activities such as prostitution, drugs and smuggling contributed 0.1% to Romania’s GDP in 2010, according to Eurostat data revised based on the new more

10.15.2014

Romania’s economic growth rate cannot be higher than 2-3% this year due to the macroeconomic context, state-run companies lacking technological upgrades and firms having difficulty contracting more

10.08.2014

The decline of Romania’s gross domestic product in the second quarter was slightly smaller than expected, revised data from the country’s statistics institute INS showed Wednesday. more

10.07.2014

The International Monetary Fund revised downwards its forecast on Romania’s economic growth to 2.4% in 2014, versus a 2.8% increase seen in June, according to the World Economic Outlook report more

09.09.2014

Coface ratings agency forecasts Romania's economic growth rate at 2.5% in 2014, closer to the forecasted CEE average growth rate of 2.4%, but one percentage point below 2013 GDP growth, as agriculture more

09.03.2014

Romania’s economy contracted for the second consecutive quarter in the April-June period, driven by poor performance in constructions, industry and an unexpected fall in retail trade, official data more

08.14.2014

The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday. more

07.02.2014

The Romanian economy expanded at a slightly faster pace than previously estimated in the first quarter, largely driven by higher exports and improved contribution from value added tax collection, more

06.30.2014

The value of private lending, as share in the gross domestic product, has returned to 2007 levels in Romania, and is on the way for further declines. more