INS has negatively revised to 4.5% the data on GDP growth in Q2
The National Institute of Statistics (INS) revised, to 4.5%, from 4.6%, the estimations regarding the growth of the Gross Domestic…
NBR decided to keep reference rate at 2.5%
Bogdan Tudorache NBR Board decided to keep unchanged the monetary policy rate at 2.50 percent per annum, central bank announced.…
Hungary and Romania had the highest growth rates in the EU in Q2
Hungary recorded, during the period April-June 2019, compared with the previous quarter, the most significant advance of the economy in…
Fitch: Political uncertainty in Romania increases risks for public finances
The divide of the Romanian government coalition increases the political uncertainty before an election year and due to the advance…
Fiscal Council: Romania could exceed its deficit target
The target of budget deficit assumed by Romania for the end of 2019 could be exceeded and may oscillate in…
The European Commission has revised the economic growth estimates to 4%
The European Commission has revised to 4% growth estimates for the growth of the Romanian economy this year, while in…
BNR keeps the key rate at 2.5%, inflation stays at 4%, but it may decrease
Bogdan Tudorache The National Bank of Romania (BNR) has decided to keep the key interest rate at 2.5%, the institution…
INS revised upward GDP growth to 0.9% in the fourth quarter of 2018
The National Institute of Statistics (INS) revised to 0.9% (up from 0.7%) the real terms GDP growth estimate in the…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Romania has the lowest degree of financial intermediation in the European Union, with a value of 25.7% in 2018, three…
Fiscal Council: The budget deficit will reach 3.5% of GDP in 2019
The latest version of the 2019 budget provides for higher spending by more than 2 billion lei, following the introduction…
INS: Romania’s economy, up 4.1% in 2018
The Gross Domestic Product estimated for 2018 was of 940,477 billion RON in current prices, rising – in real terms…
Romanian Prognosis Commission revised the projection of GDP growth in 2018 to 6.1%
Romanian Prognosis Commission revised the projection of GDP growth in 2018 to 6.1% The National Prognosis Commission in Romania (CNP)…
Why it is unreasonable for the state to collect more than 25% of GDP
Bogdan Glăvan Economics professor, author of the site logec.ro I guess you have heard the argument: the Romanian state is…
Deloitte: 2016, a record year for Romanian NPLs
With closed transactions of 3.5 billion EUR during 2015 and 2016, Romania has been the champion of the Central European…
