11.17.2011

Most analysts have revised or are preparing to revise upwards their forecasts for economic growth for this year by around one percent point, towards 2.5%, after above-expectations data were announced more

11.15.2011

Romanian economy is likely to grow by 1.8%-2.3% in 2012, mostly fueled by agricultural output and constructions, according to estimates of the National Prognosis Commission. more

11.15.2011

Austrian financial group Raiffeisen Tuesday revised upward its forecast on Romanian economic growth to 2.5% in 2011, from 1.5% previously, citing better-than-expected third quarter data. more

11.15.2011

Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to the more

11.15.2011

The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2011 compared with the previous three months, official data showed Tuesday. more

11.15.2011

Romanian economy expanded by 1.9% in the third quarter, after a modest recovery of 0.2% three months earlier, a flash estimate of the country’s statistics institute showed Tuesday. more

11.15.2011

The National Statistics Institute is due to announce its flash estimate of the gross domestic product growth for the third quarter on Tuesday. Most analysts expect an annual GDP growth of about 3% in more

11.10.2011

The European Commission revised its forecast on Romanian economic growth to 2.1% in 2012 from 3.7% previously, citing worsening conditions in EU markets. more

11.07.2011

The European Commission estimates Romanian economy will grow by around 2% in 2012, the EU mission chief Istvan Szekely said Monday. more

11.07.2011

Romanian central bank’s inflation projections for 2012 are based on an economic growth slightly higher than 2%, governor Mugur Isarescu said Monday. more

11.04.2011

Next year’s economic growth forecast could be set at 2.2% and the budget deficit target at 1.9% of GDP using the Romanian methodology of accounting (cash), according to sources close to the talks more

11.02.2011

The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but not on the more

11.01.2011

Romanian private pension system regulator CSSPP cut by 0.13 percentage points to 1.22% its estimation regarding the weight of private pension funds’ assets in the gross domestic product at the end more

11.01.2011

The better than expected economic growth in the third quarter, which President Traian Basescu puts at 3%, is driving analysts’ estimates for the entire year up towards 2% compared with 1.5% as more

10.31.2011

From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, which more

10.22.2011

The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit of 3% of more

10.21.2011

Romanian economy has gone through a period of relative stabilization in 2011 and the prospects for next year seem favorable, but the authorities should ensure the predicted growth materializes, a more

10.20.2011

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Thursday revised downward its forecast on the economic growth to 2.1% in 2012, from 2.8% previously, citing declining contributions from farming more

10.19.2011

Romania isn’t the only European country which saw its growth forecast reduced for 2012, as many economies will be affected by the worsening situation in the euro area, said Claudia Pendred, country more

10.10.2011

Industrial output, one of the leading indicators in the economy, continued to increase in August, at a faster rate than in June and July, which is good news at a time of prevailing pessimism over the more

10.04.2011

Romania is set to revise its economic growth forecast for 2012, as exports are expected to advance at a slower pace than in 2011, central bank governor Mugur Isarescu said Tuesday. more

10.03.2011

Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and state more

09.30.2011

The International Monetary Fund is likely to revise down its growth forecast on Romanian economy to around 2% in 2012, from 3.5% presently, due to deteriorating conditions in European markets, more

09.27.2011

The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more

09.23.2011

The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more