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News in Economy
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PM Boc declared on Friday that the government will conduct cost benefit analysis to set the exact number of employees that each state company should have and underlined that these are not charitable companies. read more...


Romania will register in 2012 the biggest economic growth within the newly EU member states with the GDP increasing by 4.4% a report of the World Bank reads. In the same time, Romania is the only country whose GDP dropped in 2010 and this year it will register the slowest growth rhythm compared to the newly EU member states. read more...


Economy ministry announced that it will start, this month, procedures to privatize management to a quarter of state owned companies, a press release of the ministry informs. read more...


Romania’s economic relaunch will continue to speed up on bumpy roads with an industry production sustained by export demands while internal consumption will remain weak due to restrictive fiscal policies, a Capital Economics analysis reads quoted by Romanian news agency Mediafax. read more...


Economic recovery will be slower in some emerging European countries that registered internal unsustainable booms like Romania, the World Economic Outlook report released by the IMF reports. Experts of the institution estimate that after a 1.3% decline in 2010, Romania’s economy will grow by 1.5% this year and by 4.4% in 2012. read more...


Romanian economy is likely to grow by a meager 1% in 2011, mostly driven by exports, but domestic demand remains subdued, Ernst & Young said in a report Tuesday. read more...


A first evaluation of the first quarter of the year from an economic point of view shows that there is still uncertainty and that consumer spending has yet to resume growth, but real estate transactions have slightly picked up, with real estate investors signalling they have access to funding and are betting on a recovery in the second part of the year. read more...


Romania’s consolidated budget posted a deficit of 2.3 billion lei (EUR1=RON4.0881) in the first two months of the year, compared with RON5.8 billion in the same period of 2010, Finance Ministry data showed Friday. read more...


Romania’s economy should gradually mend this year, with a 1.5% growth of the gross domestic product, mainly due to a recovery in external demand that will fuel exports' increase, Raiffeisen said in a report Friday. read more...


Banks' economic analysts are starting to improve their outlook on the Romanian economy and anticipate that ratings agencies will improve their outlooks, which means upgrading Romania to 'investment grade' status again. read more...




Romania posted last year the fourth largest increase in exports and the ninth greatest increase in imports in the European Union, EU's statistics office Eurostat said Friday. read more...


Romanian economic outlook for the next six months improved in March, propelling the country to the third spot among the best business destinations in Central and Eastern Europe, a ZEW/Erste survey showed Thursday. read more...


Romania will register economic growth this year and a “mini-boom” can be expected in the election year 2012, said the Vienna Institute for International Economic Studies (WIIW). read more...


Romania's trade deficit fell 60% in January against the first month of last year, to 186.2 million euros, as a result of a much more significant rise of exports against that of imports, according to data from the National Statistics Institute (INS). read more...


Mugur Isărescu, Governor of the NBR, has become extremely optimistic about the trend of the economy, announcing he expects Romania to post 4-5% growth next year, and 1.5% growth this year. He says the Romanian economy is currently stabilised and ready for a new cycle of "sustainable" growth. read more...


Romanian economy is ready to enter a new growth cycle, after more than two years of recession, but the authorities must take things “slowly” to avoid a possible relapse, central bank governor Mugur Isarescu said Wednesday. read more...


The industry continued to go full speed ahead at the beginning of the year, after last year it had one of the biggest contributions to the slowing down of economic decline. read more...


Romanian President Traian Basescu told investors from the Persian Gulf on Tuesday that they'd rather see the beauty of Romania by helicopter than by car. He recommended potential investors at an economic forum in Bucharest to drive their capital towards agriculture, energy and infrastructure and said the Romanian business environment "is not a hostile one". read more...


Industrial new orders in Romania for both the internal and external market advanced 13 percent in nominal terms in January 2011 from December 2010, on a 47.8 percent rise in orders for intermediary goods, the National Statistics Institute (INS) reports. read more...


Romanian industrial sales fell 11% on the month in January, but were up 25.5% from the year-ago period, the country’s statistics institute INS said Tuesday. read more...



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