01.19.2015

The European Bank for Reconstruction and Development (EBRD) Monday maintained its forecast on Romania’s economic growth at 2.8% in 2015, saying the economy would benefit from rising confidence, more

01.14.2015

The World Bank estimates Romania’s economy will grow 2.9% in 2015, a downward revision from its previous forecast, but is expected to accelerate to 3.2% next year. more

01.14.2015

Romania’s gross domestic product grew 3.3% in the third quarter of 2014 compared with the year-earlier period, revised data from the country’s statistics office INS showed Wednesday. more

12.23.2014

Romania’s gross domestic product grew 3.4% in 2013 compared with the previous year to 637.58 billion lei (EUR144.2 billion), according to semi-definitive data released Tuesday by the country’s more

12.04.2014

The 15% year-on-year surge in the value added of the ‘information and communications’ sector in the first nine months enabled it to contribute one quarter of the 2.8% gross domestic product growth more

12.03.2014

The industry and the information and communication services had the biggest contribution at the economic growth registered by Romania in the third quarter, according to provisional data released by more

11.14.2014

Romania’s economy performed better than expected in the third quarter, according to official data released Friday, after a poor outing earlier in the year. more

11.04.2014

The European Commission expects Romania’s economy to grow only 2% in 2014, a significant cut from a 2.8% estimated in June, due to a strong deceleration in the second quarter. more

10.27.2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

10.21.2014

The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday. more

10.15.2014

Romania’s economic growth rate cannot be higher than 2-3% this year due to the macroeconomic context, state-run companies lacking technological upgrades and firms having difficulty contracting more

08.14.2014

The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday. more

05.15.2014

Romania’s gross domestic product rose 3.8% in the first quarter compared with the same period of 2013, a flash estimate from the country’s statistics institute INS showed Thursday. more

04.11.2014

The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%. more

04.02.2014

Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retail, more

03.05.2014

An 8% increase in industrial output and a bumper harvest helped Romania’s economy grow in 2013 at the faster pace in five years, surpassing every expectations. more

02.17.2014

Agriculture generated almost half of Romania’s surprising economic growth of last year, 3.5%, after the gross value added in the farming sector increased by 23% year-on-year, according to Eurostat. 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

01.10.2014

Romanian economy expanded 4.1% in the third quarter from the year-ago period, in line with previous estimations, supported by a strong farming output and solid activity in industry, the country’s more

01.07.2014

Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening. more

12.20.2013

The Romanian economy grew by 0.6% in 2012 compared with the previous year, revised data from the country’s statistics institute INS showed Friday. more

12.04.2013

Romanian economy expanded at a robust 4.1% in the third quarter from the year-ago period, in line with previous estimations, largely fueled by a bumper harvest and growing activity in industry, the more

11.15.2013

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople. 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

10.07.2013

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