06.27.2022

Romania’s general consolidated budget posted RON20.90 billion deficit in the first five months of 2022, lower than the RON26.18 billion level reported in the year-ago period, in line with finance more

06.24.2022

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report. more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

05.25.2022

Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level reported in the year-ago period, in line with finance more

05.24.2022

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried out by more

05.17.2022

Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter of 2021, the country’s statistics board INS said more

05.03.2022

Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection of more

04.20.2022

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 more

04.14.2022

Half of the local financial-banking analysts expect Romania's annual inflation rate to range between 8% and 10% at the end of 2022 and 35% expect an inflation rate above 10%, as per a survey by the more

04.11.2022

OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erodes more

04.11.2022

Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8 billion (EUR120.6 billion), in line with finance ministry more

04.11.2022

The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over Eastern more

04.08.2022

Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter of 2021, more

03.17.2022

Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product (GDP) more

03.10.2022

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by more

03.08.2022

Romania's gross domestic product (GDP) grew 5.9% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said on Tuesday (March 8). more

02.15.2022

Lender ING has lowered its economic growth projection for Romania to 3.2% in 2022 from 4.5% previously, and kept unchanged its projection for 2023 at 4.5%, ING Romania chief economist Valentin Tataru more

02.15.2022

Lender Banca Comerciala Romana (BCR) has revised its forecast on Romania’s economic growth down to 3.2% in 2022 from a previous forecast of 4%. more

02.15.2022

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday. more

02.09.2022

Romania’s software and services industry contributes approximately 6.2% to the country’s gross domestic product (GDP), which amounts to almost EUR13.6 billion. as per a survey by the company more

01.28.2022

A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and is more

01.18.2022

CEO confidence in the global economy’s growth prospects is at a ten-year high globally, according to the 25th PwC CEO Survey. Of the respondents, 77% expect the global economy to improve in 2022 more

01.12.2022

Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects report more

01.12.2022

Romania's gross domestic product (GDP) grew 0.4% in real terms (in unadjusted data) in the third quarter of 2021 as compared to the second quarter of 2021, the country’s statistics board INS said more

12.28.2021

Lender Banca Transilvania has revised Romania’s economic growth forecast to 6.2% in 2021, 5.2% in 2022 and 4.9% in 2023, respectively, in line with updated macroeconomic forecasts. more