08.14.2012

The International Monetary Fund has revised down its forecast on the Romanian economy to 0.9% in 2012 from 1.5% previously, IMF mission chief Erik de Vrijer said Tuesday. more

08.14.2012

Romania’s gross domestic product expanded 0.5% in the second quarter, after a decline of 0.2% in the previous three months, a flash estimate of the country’s statistics institute showed Tuesday. more

08.09.2012

Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax. more

08.08.2012

The International Monetary Fund will not lower its forecast on the Romanian economic growth below 1% for 2012, in spite of a weak harvest predicted for this year and the difficult climate elsewhere in more

08.02.2012

Romania’s economy might grow at a slower pace than expected in 2012, central bank governor Mugur Isarescu said Thursday, adding that the indicators available so far would call for a revised more

07.30.2012

Although Romania’s gross domestic product rose five times from 2000 through 2008, the number of medals Romanian athletes got dropped three times, and this year’s estimates for the London Olympics more

07.25.2012

The European Bank for Reconstruction and Development Wednesday revised downward its forecast on Romania’s economic growth to 0.8% in 2012, from 1.2% previously, citing increased vulnerability to the more

07.16.2012

The Romanian economy has “probably” emerged from technical recession in the second quarter, Finance Minister Florin Georgescu said Monday, without going into details. more

07.09.2012

Health Ministry state secretary Alexandru Rafila said Monday, in a press conference, that Romania will probably reach the target of 6% of the GDP for healthcare in the next four years. more

07.04.2012

The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment to the more

07.04.2012

Romania's economy shrank 0.1% in the first quarter compared with a quarter earlier, in line with previous estimations, but a slightly more vigorous domestic demand than initially reported and more

06.26.2012

Italy’s UniCredit Tuesday revised down its forecast on Romanian economic growth to 0.5% in 2012 from 1.2% previously, saying it expects foreign demand to weaken further due to the worsening climate more

06.20.2012

The gross domestic product per capita in Romania was equal to 49% of the EU average in 2011, three percentage points higher than in 2010, while in other Eastern European states this indicator more

06.14.2012

Turning domestic reserves to good account, accessing EU funds and attracting foreign resources will increase Romania’s economic growth potential to 4%-4.5%, while the deterioration of human more

06.06.2012

Declining activity in public administration and defense sectors, alongside fewer investments in administrative services and constructions held back Romania’s economic growth in the first quarter. more

05.31.2012

A sluggish economic recovery and falling exports have prompted Romanian officials to revise downward the 2013 growth forecast to 3.1%, from 4.5% initially, according to a government document. more

05.22.2012

Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more

05.16.2012

Romania's economic growth is likely to slow down to 1.6% in 2012, from 2.5% a year earlier, in line with the general evolution forecast for the Central and Eastern Europe, a report from Fitch Ratings more

05.16.2012

Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared with the fourth quarter of 2011. more

05.15.2012

Continuing downward pressure on exports from the eurozone and a generally bleak international climate are likely to affect Romania’s economy in the second quarter, tilting the scales to the more

05.15.2012

Romanian economy grew at the seventh fastest pace in the European Union in the first quarter of 2012 compared with the similar period a year before, official data showed Tuesday. more

05.15.2012

Romania’s economy shrank in the first three months of 2012 compared with the previous quarter, a flash estimate from the country’s statistics institute INS said Tuesday. more

05.14.2012

Romania's economy has probably slid into technical recession in the first quarter, after shrinking 0.2% in the last three months of 2011, according to estimations from market analysts. more

05.11.2012

The European Commission revised its forecast on Romanian economic growth to 1.4% in 2012 from 1.6% previously, saying it expects exports will have a negative contribution due to financial and economic more

04.04.2012

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowdown in more