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Articles - economie

Foreign Investors Council president: Romania can reach top 10 economies in the EU

Romania’s economy could climb from the 17th place in the European Union, where it is now, to the top 10 within the next 20 years if it takes the necessary measures for an annual growth of 4.5-5%, Eric Stab, President of the Foreign Investors Council (FIC), said yesterday.

President Iohannis: Romanian economy experiencing robust growth

According to President Klaus Iohannis, the Romanian economy is experiencing a period of solid growth of 5.2 percent in Q1 2016, placing the country among the countries with the biggest economic growth in the EU. The president’s message was read by presidential advisor Cosmin Marinescu at the Romanian- Slovakian Economic Forum in Bucharest.

INS maintains Romania’s growth rate of 6 percent for Q2

The National Institute of Statistics (INS) has revised on Friday the growth of Romania’s GDP in the second quarter of this year compared with the initial data published a month ago, but maintained the growth rate of 6 percent for this period compared with the same period of the last year.

IMF: Romania to have highest economic growth in Europe in 2016 and 2017

The International Monetary Fund (IMF) revised upwards to 5 percent the estimations on the Romanian economy evolution this year, from 4.2 percent as forecast in April, according to the newest “World Economic Outlook,” which the IMF released on Tuesday.

Romanian economy forecasted to grow by 4.8 percent in 2016

According to forecasts, the Romanian economy will grow by4.8 percent in 2016. Romanian PM Dacian Ciolos is presenting to the Parliament the outlook of the Romanian economy at the request of Social Democratic Party (PSD)chair Liviu Dragnea, business-review.eu reports.

Romania has registered the biggest economic growth in EU in Q2

Romania has registered the biggest economic growth out of the 28 member states of the European Union in the second quarter of the year, with a GDP increase of 1.5 percent, according to an estimation of the European Statistics Agency Eurostat.

Romania’s post-crisis economic growth reaches record of 6 pct in Q2

The economy grew by 5.2 percent on gross series and by 5 percent on series adjusted seasonally in the first six months of this year, said on Friday the National Institute of Statistics (INS). In the second quarter, the economic growth was 6 percent on gross series and 5.9 percent on series adjusted seasonally, compared with the same period of 2015. These growth rates haven’t been present after the economic crisis from 2008.

The effects of BREXIT are manageable for Romania

The effects of the British vote to leave the European Union are manageable for Romania, the Ministry of Public Finance asserted in a release on Friday; foreign currency reserves are available, and international borrowing can be postponed until markets stabilize.

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