Romania's | News

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried out by the European Commission in the Semester Report on the country's economy.

Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter of 2021, the country’s statistics board INS said Tuesday.

Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter of 2021, the country’s statistics board INS said Friday.

Romania's gross domestic product (GDP) grew 5.9% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said on Tuesday (March 8).

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday.

Romania's competition authority said it has approved the takeover of local healthcare services provider Life Line - Medical Center by Centrul Medical Unirea (CMU).

Romania's annual inflation rate moderated slightly to 7.8% in November 2021 after climbing to 7.9% in October 2021, data from the country's statistics board showed Monday.

Romania's gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, the country’s statistics board INS said Tuesday.

Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday.

Romania's annual inflation rate kept its upward trend in September 2021, surging to 6.3%, higher than 5.3% in August 2021, data from the country's statistics board showed Tuesday.

Romania's gross domestic product (GDP) grew 13.9% in real terms (in unadjusted data) in the second quarter of 2021 compared with the second quarter of 2020, data from the country’s statistics board showed Monday.

Romania's gross domestic product (GDP) grew 4.2% in real terms in 2019 compared with 2018, final data from the country's statistics board INS confirmed Monday.

Romania's business services industry generated revenue of EUR9 billion in 2019, employing some 179,000 people countrywide and having almost 1,080 firms registered at the finance ministry with specific CAEN (Classification of Activities in the National Economy) codes, per a survey by the Association of Business Service Leaders in Romania (ABSL) in association with PwC Romania.

Romania's annual inflation rate kept its upward trend in August 2021, growing to 5.3%, higher than 5% in July 2021 and 3.94% in June 2021, data from the country's statistics board showed Friday.

Asking prices of new and old apartments put up for sale in Romania's largest cities increased in August 2021, after remaining stable in the previous three months, according to Imobiliare.ro index.

Romania's general consolidated budget posted a deficit of RON33.97 billion in January-July 2021, or 2.89% of the gross domestic product, lower than RON49.68 billion, or 4.71% of GDP, in the first seven months of 2020, when the economy was mostly shut down by the pandemic, per finance ministry data.

Romania's general consolidated budget posted a deficit of RON33.81 billion in January-June 2021, or 2.96% of the gross domestic product, lower than RON45.17 billion, or 4.28% of GDP, in the first six months of 2020, when the economy was mostly shut down by the pandemic, per finance ministry data.

Romania's annual inflation rate grew to 3.9% in June 2021, higher by 0.3% from 3.8% in May 2021, data from the country's statistics board showed Tuesday.

Romania's public debt should stay below 60% of the gross domestic product, or even 55%, and the country's budget deficit should return to below 3% within a reasonable time frame,central bank governor Mugur Isarescu told a press briefing after the bank's policy meeting Wednesday.

The European Commission has opened an investigation into Romania's EUR190 million support measures in favor of state-owned airline Tarom, it said in a statement Monday.