News » February, 2011 » 17 February 2011
Romania Might Emerge From Recession In End-March - PM
17.02.2011, 19:45 | Economy | 861 views
Romanian Prime Minister Emil Boc said Thursday that Romania might emerge from recession by the end of March, having posted 0.1% growth in the GDP in the fourth quarter of 2010. Boc said in a press conference that there are signs that the Government's austerity measures have done the job and put the economy on track. According to him, "the hardest part" took place in 2010 and, this year, Romanians will begin to reap the benefits of last year's unpopular decisions. Read more on Mediafax.ro
|
Latest news in category Economy
The industrial output in the Eurozone has increased above expectations in October, after dropping for two months in a row, which could mean that the expansion in the region may have accelerated towards the end of the year, according to Eurostat. read more...
Germany's trade with the rest of the world has slowed down in October, as its exports and imports fell compared to September, due to the difficulties on the emerging markets, especially in China, Brazil and Russia. read more...
The Organization for Cooperation and Economic Development (OCDE) has worsened its estimates concerning the growth of the world's economy, for the second time in the last three months, as the slowdown of the emerging markets is affecting other countries as well, such as Germany and Japan. read more...
|
|
