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bogdan belciu

Bogdan Belciu, PWC Romania: The banking sector generated RON 20.6 bln to the state budget in 2012-2016

Banking January 17, 2018 10:45 0 comments

According to Bogdan Belciu, Management Consulting partner at PWC Romania, the banking sector generated a total of RON 20.676 billion towards the state budget between 2012 and 2016 in the form of taxes and contributions,…more »


INS reconfirms 8.8 pct growth of Romania’s GDP in T3 2017

News January 12, 2018 12:30 0 comments

The National Institute of Statistics (INS) has reconfirmed its estimations from mid-November about an economic growth of 8.8 percent of GDP, in gross series, compared to the same period of the previous year. INS says…more »

Liviu Voinea (BNR): 30 pct of Romania’s labor force is abroad

Human Resources October 27, 2017 11:51 0 comments

According to National Bank of Romania (BNR) vice governor Liviu Voinea, 30 percent of the labor force and 13 percent of Romania’s population are working in foreign countries. “Although today we have an unemployment of…more »


Romania’s economy poses overheating risks, says Fitch

Finance August 24, 2017 13:23 0 comments

Rating agency Fitch says that the Romanian economy risks overheating as “wages outpace productivity growth”, while the budget deficit will get close to 4 percent. The experts of the agency have revised the GDP growth…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 »


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 »


Brexit |Near-term impact on Romanian economy to be “subdued,” ING experts say

News June 24, 2016 13:43 0 comments

A recent analysis by ING experts assesses that the impact of the UK's exit from the European Union on the Romanian economy is likely to be “subdued.” The reasons are twofold. Firstly, Romania's recent GHD…more »

"EU logo"

Romania among EU states with lowest actual individual consumption in 2015

News June 16, 2016 11:28 0 comments

Romania ranked among EU member states where actual individual consumption (AIC) was lowest in 2015, Eurostat informs. According to first preliminary estimates by Eurostat, with just over 40 percent below the EU average, Romania was…more »

"anca dragu"

Romania can’t afford to cut CAS by 5 percent in 2017, Minister Dragu says

Finance June 15, 2016 11:59 0 comments

Romania cannot afford to reduce social security contributions (CAS) by 5 percent in 2017, Minister of Public Finance Anca Dragu stated. Following an assessment by the Ministry of Public Finance, the impact of reducing the…more »

romanian CFOs

Almost a quarter of Romanian CFOs expect the economy to grow by up to 3.6 percent in 2016, says Deloitte

News February 17, 2016 13:04 0 comments

Nearly a quarter of Romanian CFOs surveyed by Deloitte Central Europe expect the local economy to grow by up to 3.6 percent this year, in line with the World Bank’s forecast of 3.9 percent. Moreover,…more »