11.22.2012

Romania must step up structural reform implementation and prioritize investments to fuel economic growth in 2013, an official of the European Investment Bank said Thursday. more

11.15.2012

Romanian economy will likely stagnate in 2012, held back by a negative environment elsewhere in Europe, Austrian lender Erste Group Bank AG said Thursday. more

11.15.2012

Romanian economy contracted 0.5% in the third quarter after recording a modest growth a quarter earlier, a flash estimate of the country’s statistics institute INS showed Thursday. more

11.14.2012

Agriculture, a sector that generates 6% of Romania’s’ gross domestic product (EUR10 billion to EUR11 billion) a year and made a significant contribution to the 2011 economic growth of 2.5%, more

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

11.07.2012

Romania’s economic growth could slow to a stop in 2013 unless steps are taken to speed up European fund absorption, central bank governor Mugur Isarescu said Wednesday. 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

10.05.2012

Romania’s economy grew at an annualized rate of 1.1% in the second quarter of 2012, slightly slower than previously estimated, revised data from the statistics institute INS showed Friday. more

09.06.2012

Romania’s second-quarter economic growth was backed by strong development in sectors such as professional, scientific and technical services, constructions, and information and communications, 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

08.23.2012

Romania's Government estimates that making VAT due on invoice payment starting January 1, 2013 will increase the GDP by about 0.5%, as well as improve employment and the public's income. 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

08.14.2012

Romania’s gross domestic product expanded 0.5% in the second quarter, after a decline of 0.2% in the previous three months, a flash estimate of the country’s statistics institute showed 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

07.30.2012

Although Romania’s gross domestic product rose five times from 2000 through 2008, the number of medals Romanian athletes got dropped three times, and this year’s estimates for the London Olympics 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

07.16.2012

The Romanian economy has “probably” emerged from technical recession in the second quarter, Finance Minister Florin Georgescu said Monday, without going into details. more

07.09.2012

Health Ministry state secretary Alexandru Rafila said Monday, in a press conference, that Romania will probably reach the target of 6% of the GDP for healthcare in the next four years. more

07.04.2012

The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment to the more

07.04.2012

Romania's economy shrank 0.1% in the first quarter compared with a quarter earlier, in line with previous estimations, but a slightly more vigorous domestic demand than initially reported and more