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Romania’s economic growth

Romania’s economic growth accelerates to 8.8 pct in Q3, says INS

Finance November 14, 2017 11:32 0 comments

Romania’s GDP expanded 8.6 percent on gross series in the third quarter of the year compared to the same period of last year, according to a flash estimate by the National Institute of Statistics (INS).…more »

CNP estimates new economic growth of 6.1 pct for Romania in 2017

Finance November 03, 2017 10:23 0 comments

The National Commission of Prognosis (CNP) estimated a new economic growth of Romania in 2017, of 6.1 percent of GDP compared to the previous estimation of 5.6 percent. According to the commission, Romania’s GDP will…more »

Romania champions EU economic growth in Q2

Finance August 16, 2017 16:22 0 comments

Romania recorded the biggest economic growth in the European Union of 5.7 percent in the second quarter compared to the same period of last year, according to Eurostat, the statistics office of the EU. Latvia…more »

GDP economic growth

Households’ consumption leads Romania’s economic growth of 5.7 pct in Q1

Finance June 07, 2017 11:24 0 comments

Households’ consumption supported Romania's economic growth of 5.7 percent in the first quarter of the year, with a contribution of 4.8 percent in the economic increase, according to the National Institute of Statistics (INS). „From…more »

SMEs initiative

EC cuts Romania’s growth estimate for 2017, warns of risks over public wage draft bill

Finance May 11, 2017 13:02 0 comments

The European Commission, the executive arm of the European Union, has updated downwards the growth estimate for Romania by 0.1 percentage points to 4.3 percent this year in its spring forecast. In the previous economic…more »

"ufuk tandogan"

Garanti Bank revises upwards Romania’s economic growth estimate to 4 pct in 2017

News April 26, 2017 14:09 0 comments

Garanti Bank has increased its forecast regarding GDP growth in 2017, to 4 percent, from 3.7 percent estimated last year, due to improved expectations for trade and industry. “2017 is about maintaining macroeconomic stability and…more »

Romania fiscal risk at level from 2008, says economist Dan Bucsa (UniCredit)

Finance March 29, 2017 15:16 0 comments

Romania is currently registering one of the highest fiscal risks in the Central and Eastern Europe and the situation of the local economy bears similarities to the figures that were recorded before the start of…more »

AmCham

Amcham Romania warns of fiscal slippage risk over government policy

News March 02, 2017 14:19 0 comments

AmCham Romania, the organization representing over 400 American, international and Romanian companies, warned that the main indicators of this year’s public budget run the risk of generating fiscal slippages that could generate additional costs. The…more »

President Iohannis: The 2017 budget voted by Parliament seems “problematic”, “risky”

Finance February 14, 2017 13:55 0 comments

Romanian president Klaus Iohannis claims that there are some issues with the budget voted by MPs and that he will decide in the next days if he approves it or sends it back to Parliament…more »

Romania’s draft budget for 2017 based on 5.2 pct economic growth estimate

Finance January 23, 2017 11:43 0 comments

Romania’s draft public budget for 2017 is based on a growth estimate of 5.2 percent of GDP this year, above the expectations of economists. In addition, the budget deficit limit for this year is set…more »