10.10.2013

Romania’s President Traian Basescu Thursday signed a decree appointing deputy prime minister Daniel Chitoiu as acting Economy Minister, the Presidency said in a press release. more

10.10.2013

Economy cannot develop only by boosting production, which is then exported, but also as a result of domestic demand. As people’s income increases, the local market will grow, too. more

10.07.2013

Romania’s gross domestic product grew 1.8% in the first half of 2013 compared with the year-earlier period, in line with previous estimations, official data showed Monday. more

10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

10.01.2013

Almost half of Romania’s economic output is generated in industries that use intellectual property rights intensively, a report from the Office for Harmonization in the Internal Market, or OHIM, more

09.29.2013

Romania’s new financial package with the International Monetary Fund (IMF) brings predictability, transparency and stability to the business environment, but it also ensures transparency of more

09.25.2013

The confidence in the Romanian economy climbed to a 16-month high thanks to an improvement in perception of conditions in the current business environment, according to the macroeconomic confidence more

09.16.2013

Romania’s economy is among the most uncompetitive in the European Union and the country must adopt public policies and strategies to support economic development and increase competitiveness, the more

09.12.2013

Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania. 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

08.19.2013

The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector despite a more

08.09.2013

Romania’s exports are expected to stabilize around EUR4 billion in the coming months, while domestic demand for foreign products is estimated to recover by the end of 2013, an official of the more

08.08.2013

Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency. more

07.22.2013

Romania ranks second in Eastern Europe in terms of its underground economy, with almost EUR40 billion in absolute terms in 2013, shows a study of AT Kearney on Europe’s underground economy released more

07.04.2013

Romania’s real gross domestic product grew 2.2% in the first three months of 2013 compared with the year-earlier quarter, in line with previous estimations, official data showed Thursday. more

07.03.2013

A good farming output could boost economic growth to 2.2% in Romania this year, Austrian Austrian Erste Group Bank AG said in a report Wednesday. more

06.26.2013

Romania is focusing on new scenarios to increase its energy independence after the consortium developing a large Azeri oil field has rejected the proposed Nabucco pipeline route to transport its gas, more

06.26.2013

The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on information more

06.25.2013

Export-oriented sectors and the auto industry in particular will be main growth drivers in Romania this year, amid increasing demand in both EU and non-EU markets, central bank governor Mugur Isarescu more

06.07.2013

Black market activity in Romania is equivalent to almost one third of the country’s gross domestic product, the second-highest level in the European Union, according to a study by the Institute of more

06.05.2013

The Romanian economy grew faster than initially thought in the first three months of 2013, benefiting from recovering activity in most sectors, revised data showed Wednesday. more

05.20.2013

Valerio Battista, who runs the EUR8 billion operations of the world’s largest cable manufacturer, Prysmian, says about Romania that it has made progress in the last few years, though not as fast as more

05.08.2013

The underground economy in Romania is seen to have fallen 3.5% over the past five years to EUR39.6 billion in 2013, or 28% of the country’s gross domestic product, according to a report released more

04.19.2013

The Romanian Government fails to come with an ambitious and a coherent strategy to stimulate GDP growth, planning economic growth of less than 3% per year in between 2013 and 2016, according to the more

04.04.2013

Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are less more