The consolidation of inflation within the variation band around the target paves the way for maintaining financial stability and achieving sustainable economic growth, Governor of the National Bank of Romania (BNR) Mugur Isarescu told a news conference on Thursday. read more...

The restoration of the public wages will have a limited impact if the Government’s deficit target provided for in the arrangement with the International Monetary Fund (IMF) is observed, and this process would rather lead to a gradual recovery of domestic demand, Governor of the National Bank of Romania (BNR) Mugur Isarescu told a news conference on Thursday. read more...

Romania’s cereal production increased last year by 24.4 pct, reaching 20.785 mln tonnes, from the 16.713 mln tonnes registered in 2010; Romania preponderantly cultivates maize and wheat, which account for 49.8 pct and 36.8 pct, respectively of the total cultivated surface, shows data released on Friday by the National Statistics Institute (INS). read more...

Romania came first in the European Union in 2011 by the surface cultivated with maize, and second by maize production after France, because of lower crop yields, according to preliminary data published on Friday by the National Statistics Institute (INS). read more...