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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 »


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 »


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 »


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 »