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Articles - economy

Romania to see among highest growth in emerging Europe, says EBRD

Romania will register this year one of the highest economic growth in emerging Europe – 3 percent – and 3.2 percent in 2016, amid stronger economic environment in the Eurozone, according to the latest Regional Economic Prospects report released Thursday by the European Bank for Reconstruction and Development (EBRD).

Romania’s economy grows by 4.2% in the first quarter

Romania’s gross domestic product (GDP) increased by 4.2% in the first quarter of 2015 compared to the same quarter of last year, according to data released by the National Statistics Institute (INS) on Wednesday, May 13.

EC revises up Romania’s GDP growth forecast

The European Commission said on Tuesday it raised its forecast for Romania’s economic growth to 2.8 percent for 2015 and 3.3 percent for 2016, as a result of strong private consumption and recovering investment.

JCRA improves Romania’s rating outlook from stable to positive

The Japan Credit Rating Agency (JCRA) has announced the improvement of Romania’s long-term RON- and forex-denominated government debt rating outlook from stable to positive, BBB-/BBB, a Public Finance Ministry press release shows.

Romania, second in the EU for highest price increases

Consumer prices went up in Romania in March, while going down across the EU.

IMF: Romanian economy to grow 2.7% in 2015

Romania’s economy will increase this year by 2.7%, according to a report by the International Monetary Fund (IMF) published on Tuesday, April 14. IMF experts have maintained their forecast from the end of their visit in Bucharest in February.

S&P confirms Romania’s investment grade rating

Credit ratings agency Standard & Poor’s has confirmed Romania’s rating to ‘BBB-/A-3. The rating refers to the short-term and long-term debt in local and foreign currency.

CFA: Macroeconomic confidence indicator, up 2.5 points in February

Macroeconomic confidence indicator recorded, in February, an increase by 2.5 points from the previous month, having reached the value of 62.3, according to a CFA Romania release.

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