08.17.2011

Romanian Prime Minister Emil Boc asked the ministers to prioritize investment projects that can be implemented quickly and that have a multiplier effect, in order for the gross domestic product to more

08.17.2011

The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the third more

08.17.2011

Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF. more

08.16.2011

Romania’s second-quarter gross domestic product grew at the lowest rate in the European Union member states for which data is available, according to data released Tuesday by the bloc’s statistics more

08.16.2011

Romania’s economic growth slowed to just 0.2% in the second quarter, after a 0.7% advance in the earlier quarter, as weaknesses in the external markets accentuated the subdued domestic demand. more

08.13.2011

Romania’s Government has revised its forecast for the country’s second quarter economic growth to 0.2%-0.3% from a previously expected 0.3%-0.4%, but expects better results in the third quarter more

08.09.2011

Romanian second-quarter economic growth was likely affected by a slowdown in industrial production and exports, Prime Minister Emil Boc said Tuesday. more

08.08.2011

Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday. more

07.31.2011

Romania's Government estimates a 0.3-0.4% growth of the gross domestic product in the second quarter, compared to the first, and an inflation rate of 4.8% this year, below the central bank's forecast, more

07.08.2011

Industry has increased its contribution to the gross domestic product (GDP), in the past two years through exports, and has remained the driver of the economy, analysts say. Unfortunately, industry more

07.07.2011

The economy is expected to slow down in the second quarter against the first quarter, despite good news on May performance, say analysts. more

07.05.2011

The flaws of the education system cost Romania several percentage points of its gross domestic product and the economy lacks sufficient professional managers who are really necessary in a time when more

06.21.2011

Romanian gross domestic product per capita expressed in purchasing power standards (PPS) fell to 45% of the European Union average in 2010, the second-lowest level in the bloc, official data showed more

06.16.2011

Analysts of local banks believe Romania's economy had a weaker performance in the second quarter than in the first, when it rose by 0.7%, and there is even the risk of a slight GDP decline. more

06.10.2011

Romanian economic growth could come under slight downward pressure from declining trade with northern European states, particularly Germany, but the year-end figure should be close to official more

06.08.2011

The World Bank has revised slightly upward its forecast on Romanian economic growth to 1.6% in 2011 from 1.5% previously, citing improved export performance, according to a report on global economic more

06.08.2011

The economy expanded at a faster pace than previously estimated in the first quarter, supported by rising exports and increasing activity in industry and retail sectors, revised figures showed more

05.24.2011

Analysts of local and foreign banks, as well as international financial institutions have improved or are thinking to revise upwards their forecasts about Romania's economy in 2011, with most new more

05.19.2011

Romanian economic growth could top 2% this year, above the 1.5% official forecast, President Traian Basescu said Thursday. more

05.16.2011

The growth of Romania's GDP in the first quarter of this year, eagerly awaited by the government, was driven by the increase in sales of the Dacia Duster SUV in the first three months of this year. more

05.13.2011

Romania's economy grew at the slowest pace in the European Union in the first quarter of 2011 compared with the similar period a year before, official data showed Friday. more

05.13.2011

Romania's economy expanded by 0.6% in the first quarter, after a meager recovery of just 0.1% three months earlier, a flash estimate of the country’s statistics institute showed Friday. more

05.12.2011

Romanian economy grew by 0.5% in the first three months of 2010 compared with the previous quarter and is technically out of recession, according to governmental sources that cited data from the more

05.12.2011

Romania's economy is likely to increase by 0.6% in January to March compared to the previous quarter, according to estimations of the country’s association of financial and banking analysts AAFBR. more

04.19.2011

Romanian economy will grow at one of the fastest paces in Eastern Europe in 2011, but recovery remains sluggish, the World Bank (WB) said in a report Tuesday. more