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World Bank: Romania’s economy to grow slower by 2019

Finance January 11, 2017 14:42 0 comments

Romania’s economy is set to grow by 3.7 percent in 2017, by 3.4 percent in 2018 and by 3.2 percent in 2019, estimates the World Bank in the report regarding the World Economy Perspectives. For…more »

commercial deficit trade deficit

Moody’s: Romania’s economic growth to remain above 3 pct in next two years

Featured December 20, 2016 10:40 0 comments

Romania has made significant progress in balancing its macroeconomic figures and in consolidating the public finances, but there’s a risk that the fiscal easing might bring a deterioration of the Government's fiscal perspective, says the…more »

Lazea

BNR chief economist: Romania’s economy can’t grow sustainably by 5 pct yearly based only on monetary, fiscal and wage stimulus

Finance October 18, 2016 13:09 0 comments

The chief economist of the National Bank of Romania, Valentin Lazea, warns that the Romanian economy needs massive program for structural in order to keep growing by 5 percent yearly on the long run. “The…more »

economic growth

Romania’s “turbo-charged” economy to expand by 5 pct of GDP this year, says Nomura

Featured August 15, 2016 20:18 0 comments

Analysts at Nomura investment bank have upgraded the economic growth outlook for Romania, after the National Statistics Institute (INS) said the country has registered a 6 percent hike in output in the second quarter against…more »

Romania economic growth

Romania posts strong economic growth of 1.6 pct in Q1 2016

Finance June 07, 2016 11:12 0 comments

Romania's economy has been placed among the top performers of Europe in a recent report by Saxo Bank, posting the highest economic growth among 20 countries analyzed. Thus, with a GDP increase of 1.6 percent…more »

florin-pogonaru

Romania’s growth based on foreign capital has reached its limits, says Pogonaru (AOAR)

Business May 27, 2016 12:58 0 comments

Economic development based mainly on foreign capital is a model that has reached its limits and the Romanian economy is now experiencing a business model shift, said this Friday, Florin Pogonaru, the president of the…more »

Isarescu about debt discharge law

Isarescu: Debt discharge law hits Romania’s economic growth

Banking May 10, 2016 16:19 0 comments

Applying the debt discharge law will lead to discouraging loaning in Romania and, as a consequence, economic growth, its effects also being taken into account by the National Bank of Romania (BNR) regarding its inflation…more »

Romania’s economic growth

Romania’s economic growth boosts business sentiment

News March 16, 2016 12:51 0 comments

Some 60 percent of companies expect their revenues to grow in 2016, while 15 percent anticipate a contraction, according to a study conducted by The Foreign Investors Council (FIC) among its members. Since most companies…more »

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EC’s Angela Filote: Romania’s growth pattern is not beneficial to its citizens

Finance March 09, 2016 17:29 0 comments

Romania’s economic growth pattern is showing imbalances and does not work in the benefit of its citizens, the head of the European Commission office in Romania, Angela Filote, stated during a press conference launching Romania’s…more »

European Commission

EC: Romania’s economic growth to peak at 4.2 percent this year on higher consumption

Finance February 04, 2016 16:48 0 comments

The European Commission, the executive arm of the EU, forecasts the local economy will grow by 4.2 percent of GDP this year, as the cut in VAT and rise in the minimum wage are going…more »