06.24.2014

The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, while more

06.16.2014

The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years. more

06.13.2014

Romanian foreign direct investment, or FDI, rose 8.7% on the year to EUR785 million in the first four months of the year, the central bank said Friday. more

06.13.2014

Romania's current account deficit widened to EUR298 million in the first four months of 2014, from a gap of EUR241 million a year earlier, largely due to higher income deficit, central bank data more

06.12.2014

Romanians working in Germany and the United States transferred more money home in 2013 than those working in Spain, more numerous but poorly qualified and with lower salaries, while Italy keeps the more

06.02.2014

Romanian foreign exchange reserves fell to EUR30.68 billion in May, from EUR32.44 billion a month earlier, central bank data showed Monday. more

05.26.2014

Romanian private lending edged down 0.1% on the month in real terms to 218.3 billion lei (EUR49.43 billion) in April, due to fewer loans in foreign currency, central bank data showed Monday. more

05.15.2014

Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday. more

05.15.2014

Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed Thursday. more

05.13.2014

Investor confidence in Central Europe has continued its ascent and is now approaching levels not seen since the region’s peak period between 2003 and 2007, according to the latest Deloitte CE more

05.08.2014

Romania’s exposure to Swiss-franc loans is at 4.1% of total private loans, a sensibly lower ratio compared to other European countries, an official of the central bank said Thursday. more

05.06.2014

Romania’s central bank (BNR) Tuesday revised slightly down its inflation forecast to 3.3% this year from 3.5% previously and said inflationary pressures are expected to remain at moderate levels in more

05.06.2014

Romania’s central bank kept its key lending rate unchanged at 3.5% for a second consecutive meeting Tuesday, in line with economists’ expectations. more

05.02.2014

Romanian analysts estimate the central bank will leave its monetary policy rate unchanged at 3.5% at the upcoming meeting May 6, amid mounting tensions in Ukraine and higher inflationary pressures more

05.02.2014

Romanian foreign exchange reserves rose to EUR32.44 billion in April, from EUR31.27 billion a month earlier, central bank data showed Friday. more

04.25.2014

The lending activity in Romania is still on a downward trend, with demand for loans showing no sign for recovery, despite many signs of improving economic environment. more

04.23.2014

Romania's central bank (BNR) Wednesday lent 2.03 billion lei (EUR447 million) to six commercial banks via a seven-day repurchasing agreement operation at an annual interest rate of 3.5%, equal to the more

04.11.2014

Romanian foreign direct investment, or FDI, rose 35.6% on the year to EUR282 million in the first two months of the year, the central bank said Friday. more

04.11.2014

Romania's current account balance posted a deficit of EUR102 million in the first two months of 2014, versus surplus in the year-earlier period, due to wider income and trade deficits, central bank more

04.01.2014

Romanian foreign exchange reserves fell to EUR31.27 billion in March, from EUR31.65 billion a month earlier, central bank data showed Tuesday. more

03.28.2014

Romania’s central bank left its key rate unchanged at a record low of 3.5% Friday, ending an eight-month long monetary easing cycle, amid higher inflationary pressures. more

03.26.2014

The Romanian central bank is doubting that capping interchange fees for card payments will translate into lower shelf prices of consumer goods, considering the population’s increased appetite for more

03.25.2014

The lending activity in Romania settled on a downward slope, as demand for loans was scrimpy in the second month of the year, despite interest rate reductions in recent months. more

03.17.2014

Romanian foreign direct investment, or FDI, rose 8% on the year to 244 million euro in January, the central bank (BNR) said Monday. more

03.17.2014

Romania's current account balance posted a surplus of 388 million euro in January, higher than EUR267 million in the same month of 2013, helped by a surplus in the services and current transfers more