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29 martie, 2024

economic growth

Romania managed again to stand out at the EU level by recording the highest level of the public deficit in the third quarter of 2019, namely -4.9% of GDP. For reference, we mention that France (-2.5%), Hungary (-2.2%)...
26 ianuarie, 2020
Although gross fixed capital formation had a surprising positive contribution to the economic growth in the first part of the year, members of the National Bank of Romania’s Board of Directors (BNR) are reluctant about the investment’s rebound,...
15 iulie, 2019
The volatility of the new benchmark indicator for loans granted to the population, IRCC – which declined in May, despite the central bank’s control on liquidity – was one of the topics debated by the Board of Directors...
27 mai, 2019
Gross Domestic Product for the first quarter of 2019 increased by 5% in real terms compared to the same period of the previous year (5.1% adjusted by seasonality, which will be communicated to Eurostat for comparability with other...
20 mai, 2019
Officially published statistical data reveals a massive paradox: Romania is the country that can register a robust year-on-year growth based on a construction sector which is on a downward trend. We chose 2014 as a reference basis for...
25 februarie, 2019
  Romania’s economy will record an advance of 3.5% in 2019 and 3.1% in 2020, down one percentage point from June 2018 forecast, according to the January edition of Global Economic Prospects biannual report, published Tuesday evening in...
14 ianuarie, 2019
The Council of Economic Programming (CPE), a seven-member body established one year ago having the same chairman as the National Commission for Strategy and Prognosis (CNSP), proposed the increase in the minimum wage as of November 1, from...
29 octombrie, 2018
The first estimate of the economic growth in Romania in the third quarter shows a reduction down to 3.5% (year-on-year), after the previous quarter’s Gross Domestic Product hardly managed to stabilize its speed to 4%. Estimates of Capital...
29 octombrie, 2018
The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a big congenital problem: over the last 10 years, Romania has gained less than...
1 octombrie, 2018
Rating agency Standard & Poor’s confirmed on Friday ratings for long- and short-term debt in foreign and local currency to „BBB-/A-3” with a stable outlook, Agerpres announced. At the same time, the agency also motivates why it has...
9 septembrie, 2018
Romania will be less prepared if the economy is hit by a negative shock, as the structural deficit has been deteriorated – IMF representative for Romania and Bulgaria Alejandro Hajdenberg said on Thursday at an event organized by...
9 septembrie, 2018
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening is risky for macroeconomic stability. „Romania’s investment grade rating is supported by the...
21 iulie, 2018
The National Institute of Statistics confirmed the last mid-month signal estimate and announced a 4.0% increase in the Gross Domestic Product for the first quarter of 2018, on gross series and a 4.2% increase on the seasonally adjusted...
11 iunie, 2018
Romania’s economy could grow by 5.1% in 2018, according to the World Bank summer forecast. The estimate has been improved by 0.6 percentage points above the rate forecasted in January on the occasion of the publication of June...
11 iunie, 2018
Romania is captive of tax and wage policies that are hostile to long-term sustainable development. One of the most striking arguments is the very large amplitude of GDP deviations from the potential, resulting from a pro-cyclical policy which...
23 aprilie, 2018
The International Monetary Fund (IMF) has revised upwards the Romanian economy growth forecast for this year, from 4.4% to 5.1%, according to the latest World Economic Outlook, published on Tuesday by the international financial institution. According to the...
23 aprilie, 2018
„In the absence of structural reforms and fiscal consolidation, Romania’s strong economic growth risks creating the conditions of a tough landing,” in case of a change of the economic cycle, according to the European Commission’s (EC) country report...
12 martie, 2018
The National Prognosis Commission (CNP), an institution under the government authority, radically changed the economic growth for 2017, from 6.1% in last autumn forecast to 7.1%, according to the winter forecast, which has been released at the end...
12 februarie, 2018
Romania needs to adopt a different economic model if it wants to avoid a crisis caused by the current consumption boom, according to Matteo Patrone, regional director of the European Bank for Reconstruction and Development (EBRD), quoted by...
5 februarie, 2018
The signal forecast that the National Institute of Statistics announced indicates a record growth rate of 8.8% in the third quarter of 2017 on the gross series and 8.6% on the seasonally adjusted series. The GDP result in...
20 noiembrie, 2017

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