05.16.2016

Romania saw the highest growth rate in the EU in the first quarter, double as much as Spain and Germany, but its central bank warns the growth was bolstered by pro-cyclical measures. more

05.05.2016

The Romanian leu lost ground versus the euro in early trade Thursday, trading at 4.5 units, the lowest rate since February, while analysts expect a further depreciation of the local currency. more

05.05.2016

Romania's central bank on Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year, in line with analyst expectations. more

04.29.2016

Romania's seasonally adjusted unemployment rate stood at 6.4% in March, down from 6.5% in February, the country's statistics board said Friday. more

04.28.2016

The non-performing loan (NPL) rate reached 13.68% at the end of February 2016, slightly higher than 13.57% in the previous month, under the new regulations of the European banking association. more

04.11.2016

Romanian consumer prices inched up 0.1% in March compared with February, but the annual inflation rate dropped to -3% from -2.7% in February, the country's statistics board said Monday. more

03.31.2016

Romanian central bank governor Mugur Isarescu said the bank should narrow the interest rate corridor in a move to strengthen the main monetary policy rate. more

03.31.2016

The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at an all-time low of 1.75% a year, in line with analyst expectations. more

03.09.2016

Romanian authorities expect a growth in investment rate by the end of 2017, after a 7.5% increase last year, as it is one of the highest in the European Union, at 24.9% of GDP, Finance Minister Anca more

03.01.2016

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02.18.2016

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02.10.2016

Romania is getting capital inflows, which will only boost liquidity in the banking system even further, causing interest rates to drop. However, Romania’s central bank governor Mugur Isarescu, who more

02.09.2016

Negative interest rates have become some kind of dominoes of the central bank elite where if one piece falls, the other do. more

02.08.2016

The Romanian leu gained ground versus the euro by midday Monday and the central bank’s reference rose 0.56% to 4.4763 units, breaking below 4.5 units per euro for the first time since mid-December. more

02.05.2016

The Romanian central bank Friday kept its main monetary policy lending rate unchanged at 1.75% a year, the bank said in a statement. more

02.03.2016

Romania’s central bank may keep its monetary policy rate at 1.75% at the upcoming meeting on February 5, a survey from the Association of Romanian Financial and Banking Analysts (AAFBR) showed. more

01.14.2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volatile more

01.12.2016

The employee absenteeism rate in Romania for 2015, reflecting the percentage of days of absence out of the total working days in a year, reached 2.2% in 2015, a slight decrease compared to 2.4% in more

01.07.2016

The Romanian central bank Thursday kept its main monetary policy lending rate unchanged at 1.75% a year but lowered minimum reserve requirement ratios for foreign currency deposits to 12% from 14%. more

01.07.2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more

01.05.2016

Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory might more

12.29.2015

The Romanian leu lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.5381 units, down 0.27% from the previous day and the lowest rate more

12.10.2015

Romania’s European Funds absorption rate for the 2007 – 2013 program currently stands at 60%, EU Funds Minister Aura Raducu said Thursday, adding she is hoping the rate will reach 70%. more

12.10.2015

The Romanian leu lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5025 units, down 0.34% from 4.4873 the previous day and the more

12.07.2015

The fiscal relaxation and the economic growth may cause Romania’s central bank to increase its main monetary policy rate in the fourth quarter of 2016, according to analysts of Austria’s Erste more