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Articles - economie

Isarescu: political tension will affect the economic growth

The political tension will affect the economic growth, as it has an impact on the financial stability, the Governor of the National Bank of Romania (BNR), Mugur Isarescu, stated on Thursday in a press conference.

The Economist: Romania’s economic growth will slow down to 3.6%

Romania could record an economic growth of 3.6% this year, down from 5% in 2016, and a deficit of 3.3%, said Maximilien Lambertson, an analyst at The Economist Intelligence Unit (EIU), reports local Agerpres.

Romanian economy set to grow slower this year, says business persons survey

Over a half of the business people from Romania estimate that the economy will continue to grow in 2017, but more slowly than in 2016, based on the moderate internal consumption and the increase of the external risks, according to a survey of KeysFin.

INS revises Romania’s economic growth in 2015 from 3.8 pct to 3.9 pct of GDP

Romania’s economy went up by 3.9 percent of GDP in 2015, over the previous estimations, that indicated an increase of 3.8 percent due to a strong increase in the consumption, stimulated by the TVA reduction to food, according to new semi-defined data published by the National Institute of Statistics (INS). Although it increased the growth rate, INS made a downward revision on the GDP value, taking into account that the deflator has strongly decreased.

Romania remains fastest-growing economy in EU despite slowdown

Romania recorded an economic growth of 4.6% (adjusted for seasonality) in the third quarter of this year compared with the same period in 2015. It was the highest growth rate in the European Union, according to an estimate released yesterday by the EU’s statistical office Eurostat.

World Bank: Romania’s economy to grow by 5.1% this year

World Bank has significantly improved its forecast on the advance of the Romanian economy this year to 5.1%, up from 4% in June, according to the WB report on the Europe and Central Asia region.

Romania posts highest economic growth from EU on nine months, says government

Romania has this year the highest economic growth from the European Union, of 5.2 percent of GDP in the first semester and 4.9 percent of GDP in the first nine months, says the government.

Romanian economy might be ready to adopt euro in 13 years, says study

The country needs another 13 years before attempting to join the Euro zone based on the average growth rhythm of the last 15 years, according to a new study coordinated by Daniel Daianu, member of the administration board at the National Bank of Romania.
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