12.07.2021

Romania’s public debt has increased by RON57 billion since the beginning of 2021 and reached RON556.4 billion, namely, 50.2% of Romania’s gross domestic product (GDP) in the last four quarters, in more

12.07.2021

Romania’s statistics board INS on Tuesday (Dec 7) reconfirmed the country’s economic growth at 7.1% in real terms (in unadjusted data) for the first nine months of 2021, which was mainly backed by more

12.02.2021

Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy more

11.17.2021

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, more

11.16.2021

Lender Banca Comerciala Romana has lowered its economic growth projection for Romania to 6.4% in 2021, versus 7.4% previously, after the country’s statistics board INS revised its GDP data on more

11.16.2021

Lender Raiffeisen Bank has revised downwards its economic growth projections for Romania to 6.2% from 7.5% previously after the country’s statistics board INS released the GDP data for the third more

11.16.2021

Romania’s national commission for prognosis and statistics kept its projections for the country’s GDP growth at 7% in 2021, but it revised downwards its GDP forecast for 2022, at 4.6%, from 4.9% more

11.16.2021

Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, more

11.11.2021

Romania’s economy is expected to expand by 7% in 2021, slightly lower than the 7.4% growth rate projected in July, the European Commission said on Thursday (Nov 11) in its Autumn 2021 Economic more

11.09.2021

McKinsey Global Institute estimates in a report that better health could add $26 billion to the Romanian economy by 2040, a 9% boost to GDP that translates into 0.4% faster growth every year. more

11.04.2021

The European Bank for Reconstruction and Development (EBRD) on Thursday (Nov 4) revised upwards its forecast on Romania’s economic growth to 7.2% in 2021 and 4.4% in 2022. more

10.11.2021

Romania's gross domestic product (GDP) grew 13.9% in real terms (in unadjusted data) in the second quarter of 2021 compared with the second quarter of 2020, data from the country’s statistics board more

10.11.2021

Romania's gross domestic product (GDP) grew 4.2% in real terms in 2019 compared with 2018, final data from the country's statistics board INS confirmed Monday. more

10.05.2021

The World Bank on Tuesday (October 5) revised upwards its forecast on Romania’s economic growth to 7.3% in 2021, from a previous projection of 6% in June 2021, followed by a 4.8% GDP growth in 2022 more

09.14.2021

Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data. more

09.08.2021

In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the statistical more

09.07.2021

Romania's gross domestic product (GDP) grew 1.8% in real terms in the second quarter of 2021 compared with the first quarter of 2021, provisional (1) estimates from the country's statistics board INS more

08.24.2021

The number of workers in constructions, an industry pummeled by labour shortages in recent years, last year went beyond the 400,000 threshold, reaching over 416,000 people, in line with data included more

07.30.2021

Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estimates a more

07.08.2021

Romania's gross domestic product grew 2.9% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, provisional (2) estimates from the country's statistics board INS showed more

07.07.2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance. more

06.29.2021

Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the government's more

06.08.2021

Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, provisional (1) estimates from the country's statistics board INS showed more

05.18.2021

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive more

05.18.2021

Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data showed the more