05.25.2017

The International Monetary Fund warned Thursday Romania's budget deficit will reach 3.7% of gross domestic product in 2017 and 3.9% of GDP in 2018 and measures are needed to reduce it. more

05.11.2017

Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations, the more

05.10.2017

Romania's trade balance posted a deficit of EUR2.31 billion in the first quarter, EUR361.5 million higher than in the first quarter of 2016, the country's statistics board said Wednesday. more

04.25.2017

The increase in social security tax revenue by 18% March on March fueled by wage raises and a rise in the number of employees shows what the government can use to comply with the budget deficit more

04.24.2017

Romania and Great Britain registered a deficit of 3% of GDP in 2016, according to preliminary data published Monday by EU’s statistics office Eurostat. more

04.11.2017

The impact of the unitary pay law over the budget deficit is double versus that presented by the government, reaching RON50-60 billion; thus, the budget deficit could reach 5.7% of GDP in 2018, more

04.10.2017

Romania's trade balance posted a deficit of EUR1.26 billion in January-February 2017, EUR267.5 million higher than in the first two months of 2016, the country's statistics board said Monday. more

03.17.2017

The International Monetary Fund (IMF) mission chief for Romania, Reza Baqir, on Friday said Romania’s budget deficit is expected to reach 3.7% of the gross domestic product in 2017, and 3.9% of GDP more

03.13.2017

Romania's trade balance posted a deficit of EUR602.2 million in January, EUR222.5 million higher than in January 2016, data from the country's statistics board showed Monday. more

02.13.2017

Romania's current account balance posted a deficit of EUR4.118 billion in 2016, compared with a deficit of EUR1.943 billion registered in 2015, central bank data showed Monday. more

02.09.2017

Romania's trade balance posted a deficit of EUR9.95 billion in 2016, EUR1.6 billion higher than in 2015, the country's statistics board said Thursday. more

01.27.2017

Romania's consolidated budget deficit posted a deficit of RON18.3 billion in 2016, or 2.41% of gross domestic product, below the government's target of 2.75% of GDP, finance ministry data showed. more

01.13.2017

Romania's current account balance posted a deficit of EUR3.441 billion in January-November, compared with a deficit of EUR1,237 billion in the year-earlier period, central bank data showed Friday. more

01.09.2017

Romania's trade balance posted a deficit of EUR8.77 billion in January-November, EUR1.57 billion higher than in the same period last year, the country's statistics board said Monday. more

12.28.2016

Romania's consolidated budget deficit reached RON5.5 billion in the first eleven months of 2016, or 0.73% of gross domestic product, from a deficit of 0.17% at the end of October, finance ministry more

12.12.2016

Romania's trade balance posted a deficit of EUR7.9 billion in January-October, EUR1.48 billion higher than in the same period last year, the country's statistics board said Monday. more

11.25.2016

Romania's consolidated budget deficit reached RON1.3 billion in the first ten months of 2016, or 0.17% of gross domestic product, from a deficit of 0.49% at the end of September, finance ministry data more

11.09.2016

Romania's trade balance posted a deficit of EUR6.93 billion in January-September, EUR1.39 billion higher than in the same period last year, the country's statistics board said Wednesday. more

11.02.2016

Romania will sign a loan agreement with the International Bank for Reconstruction and Development (IBRD), in the amount of EUR500 million, according to a memorandum discussed in Government’s more

11.02.2016

The salary increases for the health and education staff recently approved by the Parliament’s labor and budget committees could take Romania back to 2008, when the Parliament gave with one hand and more

11.01.2016

Finance Minister Anca Dragu said Tuesday that the budget deficit is estimated to exceed 3% of the GDP, referring to the bill on public sector wages, unless other expenses are cut. more

10.26.2016

Romania's consolidated budget deficit rose to RON3.7 billion in the first nine months, or 0.49% of gross domestic product, from a deficit of 0.41% at the end of August, finance ministry data showed. more

10.14.2016

Romania's current account balance posted a deficit of EUR2.11 billion in January-August, compared with EUR939 million in the same period a year ago, central bank data showed Friday. more

10.10.2016

Romania's trade balance posted a deficit of EUR6.13 billion in January-August, EUR1.3 billion higher than in the same period last year, the country's statistics board said Monday. more

09.28.2016

Romania posted an agrifood trade deficit of EUR663.6 million in January-June, over threefold higher than in the same period last year, data from Agriculture Ministry showed Wednesday. more