10.22.2011

The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit of 3% of more

10.21.2011

Romanian economy has gone through a period of relative stabilization in 2011 and the prospects for next year seem favorable, but the authorities should ensure the predicted growth materializes, a more

10.20.2011

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Thursday revised downward its forecast on the economic growth to 2.1% in 2012, from 2.8% previously, citing declining contributions from farming more

10.19.2011

Romania isn’t the only European country which saw its growth forecast reduced for 2012, as many economies will be affected by the worsening situation in the euro area, said Claudia Pendred, country more

10.10.2011

Industrial output, one of the leading indicators in the economy, continued to increase in August, at a faster rate than in June and July, which is good news at a time of prevailing pessimism over the more

10.04.2011

Romania is set to revise its economic growth forecast for 2012, as exports are expected to advance at a slower pace than in 2011, central bank governor Mugur Isarescu said Tuesday. more

10.03.2011

Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and state more

09.30.2011

The International Monetary Fund is likely to revise down its growth forecast on Romanian economy to around 2% in 2012, from 3.5% presently, due to deteriorating conditions in European markets, more

09.27.2011

The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more

09.23.2011

The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more

09.22.2011

There are about three weeks left until government needs to send next year’s budget to the Parliament, but the Finance Ministry still does not know what macroeconomic indicators to use in 2012 and more

09.21.2011

Romanian authorities are very likely to revise their economic growth forecast for 2012, factoring in the developments in the European Union countries, an official of the Finance Ministry said more

09.20.2011

Romania's economic growth forecast, used in drafting the state budget for next year, will be determined by the Government in October, through consultations with the International Monetary Fund, more

09.20.2011

Romania’s prognosis commission CNP Tuesday revised upward its economic growth forecast to 1.7% in 2011, from 1.5% previously, saying it expects a positive contribution from farming output. more

09.16.2011

The National Forecast Commission (CNP) will most likely present the new forecasts for macroeconomic indicators next week, with data sent yesterday by the European Commission on Eurozone countries more

09.12.2011

Exports continued to slow down in July and, although Romania is for now keeping its economic growth forecast of 1.5%, signals have appeared that problems will worsen next year, given the international more

09.10.2011

Romanian bank BCR has revised its economic growth forecast for this year and the next, downward to 1.4% and 2.9%, respectively, below government and IMF projections, because of the high risk of more

09.10.2011

Romania's estimate for economic growth in 2012 might have to be significantly revised downward, to 2.5% from the current 3.5-4%, given the international context and the weaker "traction" of exports, more

09.07.2011

Industry and agriculture were the drivers of GDP growth in the second quarter of the year, a trend anticipated by analysts, who believe the very good farming production will contribute to achieving more

09.06.2011

Romanian second quarter gross domestic product grew by 0.2% in seasonally adjusted terms compared with the previous three months, largely supported by increases in industry and agriculture, the more

09.06.2011

The third quarter had a good start, as July brought good news from retail, which went back into positive territory after two years and a half of almost uninterrupted declines, on salary hikes and more

09.01.2011

Romanian authorities will meet with officials of the International Monetary Fund and the EU at the end of September to discuss the country’s draft budget for 2012 and determine whether this year’s more

08.31.2011

Romanian economy is likely to grow by around 3.5% in 2012, depending on the situation in international markets, particularly in the eurozone, Prime Minister Emil Boc said Wednesday. more

08.23.2011

Austrian financial group Raiffeisen Tuesday revised downward its forecast on Romanian economic growth to 2.7% in 2012, from 3.5% previously, due to the negative effects of the faltering recovery more

08.22.2011

JP Morgan has significantly cut Romania’s growth estimate for this year, expecting the gross domestic product to increase by just 1.2%, while the bank’s estimate at the beginning of the year was more