11.22.2016

The growth engine of the Romanian economy will slow down in 2017 on the backdrop of lower consumption and retail sales and lower industrial activity, following reduced external demand, according to an more

10.25.2016

The Romanian Government’s top priority should be a sustainable economic growth, followed by investments in human capital, with focus on education and demography, modern infrastructure and the rule more

10.13.2016

Most business executives in Romania, or 89%, are confident their business will grow this year and 41% of them expect substantial, double digit growth, a survey by EY has found. more

08.31.2016

Banca Transilvania chief economist Andrei Radulescu said the economic confidence has improved in August, which points to premises of continuing the favorable climate on the short term. more

07.07.2016

Romania’s economic growth will accelerate to 4.1% in 2016, but is likely to slow down to 3.1% in 2017, due, among others, to the dependence on imports and a slowdown in exports generated by more

07.05.2016

Romanian central bank governor Mugur Isarescu on Tuesday said "not any economic growth brings long-term development to the country and when the objective of achieving high growth rates is tributary to more

07.04.2016

95% of company managers think Romania’s current economic policy must be changed in order to sustain a high growth rate, according to a survey conducted among members of the American Chamber of more

05.11.2016

The European Bank for Reconstruction and Development (EBRD) said Wednesday it has revised upwards its economic growth projection for Romania in 2016 to 4% from a previously estimated 3.7%. more

04.28.2016

Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence program more

03.23.2016

Romania could see the highest economic growth in Central and Eastern Europe (CEE) due to fiscal relaxation measures and prospects of monetary policy tightening, Erste Group analysts said in their more

03.09.2016

Romania is on top spots among EU states by economic growth, as well as by poverty level, which shows that the growth model is not beneficial to the citizens and cannot be encouraged by the European more

02.24.2016

Romania's central bank chief economist Valentin Lazea warned Wednesday that stimulating consumption will widen the country's current account deficit, after the country managed to adjust it by four more

02.04.2016

Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculations. more

02.03.2016

Romanian consumers' economic expectations declined in December 2015 while their income is still only just enough to buy the necessities for everyday life, although the economy grew considerably in the more

01.07.2016

The World Bank has revised its forecast for Romania's economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Monetary more

12.08.2015

Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption is not more

12.07.2015

Romania "boasts in statistics" about economic growth without development, which eats up resources and makes believe it is a positive dynamic, but, in fact, it is useless, Vasile Dancu, Minister of more

10.15.2015

Financial market experts' expectations on the economic situation of Romania on a six-month time horizon have slightly improved in October, as Economic Sentiment Indicator rose 2.5 points to 31.6 more

10.07.2015

Romania's gross domestic product grew 3.4% on the year in the second quarter, a slight revision from the statistics institute's previous reading of 3.3%, the institute said Wednesday. more

09.18.2015

Romania's National Prognosis Commission has revised this year economic growth forecast up to 3.4% from a previous forecast of 3.3% and next year's GDP growth to 4.1% from 3.4%, the commission said in more

09.09.2015

The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards. more

08.14.2015

Romania’s economic growth slowed down in the second quarter, with a first reading of the gross domestic product data coming much lower than analyst expectations. more

06.11.2015

The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday. more

06.04.2015

Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isarescu said more

05.28.2015

The increase of disposable income and developments of the labor market will fuel the private consumption, the main driver of Romania’s economic growth projected at 3% for 2015, according to the more