04.17.2014

The higher-than-expected economic growth registered last year did not translate into a labor market revival: salary hikes were insignificant, the number of employees in the economy added just 50,000 more

04.04.2014

Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural reforms in more

01.30.2014

Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey from the more

01.15.2014

The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released more

01.14.2014

Romania’s new paradox is that despite the exceptional evolution of macroeconomic indicators, the low demand still is a big issue for the economy, triggering a growth beyond its potential, more

12.23.2013

The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue. more

12.12.2013

Romania should strive to double economic growth to narrow the gap with the other European Union countries, but any potential measures in the area must not upset the 2% balance achieved for the other more

11.28.2013

Investor sentiment regarding the outlook of the Romanian economy inched up 0.5 points in November, amid improved confidence in retail and services, a survey from the European Commission showed more

11.14.2013

Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute showed more

10.22.2013

Romanians are more optimistic regarding their country’s economic development this year and both their willingness to buy and income expectations increased in the third quarter of 2013 compared with more

10.16.2013

Banks, companies in the industrial sector and local authorities in Romania have borrowed over EUR1 billion in the past year from the three major international financial institutions – the World more

10.09.2013

Romania’s Government must reduce the value added tax back to 19%, lower social security contributions and eliminate taxes on reinvested profit to ensure sustained economic growth, according to more

09.27.2013

Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a survey from more

09.05.2013

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat. more

09.04.2013

Romania climbed two places to 76th in a global competitiveness ranking released by the World Economic Forum on Wednesday. more

08.30.2013

Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the European more

08.14.2013

Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed more

07.30.2013

Romania’s economic sentiment index declined in July after three months of growth, amid worsening outlook in industry and retail, a widely watched European Commission monthly survey showed Tuesday. more

07.24.2013

Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday. more

07.23.2013

The National Statistics Institute is set to announce the economic growth for the first half of the year in mid-August, but estimates have already appeared, suggesting GDP growth of between 1.8% and more

07.16.2013

Exports, domestic demand and the investments are the three engines that should propel Romania’s economy, as depending on only one growth driver will lead to imbalances hard to stabilize, according more

07.03.2013

The number of employees in Romania’s information technology (IT) industry reached 38,300 at the end of April, 3,000 more since the beginning of the year, while the number of employees in the local more

06.28.2013

Romanian executives estimate all major economic sectors will grow over the June-August period compared with the previous three months, with constructions and retail expected to expand at a faster more

04.29.2013

Romania’s economic sentiment index fell for a second straight month in April, on increased pessimism in most sectors, a widely watched European Commission monthly survey showed Monday. more

04.18.2013

The International Monetary Fund (IMF) now expects economic growth of 1.6% for Romania in 2013, down from a 2.5% rise predicted in the autumn of 2012. more