01.07.2014

Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening. more

12.20.2013

The Romanian economy grew by 0.6% in 2012 compared with the previous year, revised data from the country’s statistics institute INS showed Friday. more

12.11.2013

Romania’s economic growth will likely slow to around 2% in 2014, reflecting a weaker contribution from agriculture, consultancy firm Deloitte Consultanta estimated Wednesday. more

12.04.2013

Romanian economy expanded at a robust 4.1% in the third quarter from the year-ago period, in line with previous estimations, largely fueled by a bumper harvest and growing activity in industry, the more

11.27.2013

Romania’s economic performance is above the region average and the country could reach a growth potential of 4% to 5% a year until 2020, the head of ING Bank Romania said Wednesday. more

11.18.2013

Romania has a low indebtedness level and a high potential for economic growth and any government that cannot create conditions for a growth rate of at least 5% a year should not benefit from voter more

11.15.2013

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople. more

11.14.2013

The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2013 compared with the previous three months, official data showed Thursday. more

11.14.2013

Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute showed more

11.11.2013

The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth more

11.05.2013

Romania’s economy is likely to expand 2.1% in 2014 and to accelerate to 2.4% in 2015, with growth drivers expected to switch from net exports to domestic demand, the European Commission said in its more

11.05.2013

The International Monetary Fund has revised slightly up its forecast on Romania’s economic growth to 2.2% in 2013, from 2% previously, citing a good harvest and better contribution from exports. more

11.04.2013

Romania’s economy is expected to grow by 2.2% in 2014, slightly better than a 1.9% increase estimated for this year, Prime Minister Victor Ponta told reporters after a meeting with officials of the more

10.23.2013

Romania's 2012 budget deficit was barely kept within the target of 3% of the gross domestic product agreed upon the international financial partners, under the European System of Accounts (ESA 95) more

10.18.2013

Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday. more

10.07.2013

Romania’s gross domestic product grew 1.8% in the first half of 2013 compared with the year-earlier period, in line with previous estimations, official data showed Monday. more

10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

09.24.2013

Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion). more

09.19.2013

Romania’s domestic and external public debt sped up during the five years since the crisis began, and has now more than doubled compared with the end of 2008, to over 250 billion lei (EUR56 more

09.12.2013

Tax evasion in Romania climbed about 3 basis points since the beginning of the crisis to 14% of the gross domestic product in 2012, from 11.2% of the GDP in 2008, according to a report by the Fiscal more

09.04.2013

The Romanian economy grew at a 1.5% annual rate in the second quarter, faster than initially estimated, revised data from the statistics institute INS showed Wednesday. more

08.14.2013

Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed more

08.05.2013

Romanian economy will likely expand by more than 2% in 2013, from a growth of 0.7% a year earlier, largely supported by exports, industry and a good harvest, central bank governor Mugur Isarescu said more

07.31.2013

The International Monetary Fund has revised upward its growth estimate on Romania’s economy to 2% in 2013 from 1.6% previously, saying it expects better contributions from agriculture and exports. more

07.29.2013

Romania lifted its economic growth forecast for 2013 to 1.9% from 1.6% previously, the minister delegate for Budget Liviu Voinea said Monday. more