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.
Romania's centrist coalition government run by Prime Minister Florin Citu has survived a vote of no-confidence by the opposition Social Democratic Party (PSD) on Tuesday.
Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the government's cap on public debt for the full year stands at 55% of GDP.
Romania's general consolidated budget posted a deficit of RON26.18 billion in January-May, or 2.29% of the gross domestic product, lower compared with RON38.84 billion, or 3.68% of GDP, in the same period last year, when the economy was mostly shut down by the pandemic.
Romania's annual inflation rate grew to 3.8% in May 2021, higher by 0.5% from 3.2% in April 2021, data from the country's statistics board showed Friday.
Romania's general consolidated budget posted a deficit of RON20.7 billion in January-April, or 1.81% of the gross domestic product, lower compared with RON26.8 billion, or 2.54% of GDP, in the same period last year, when the economy was mostly shut down by the pandemic.
Romania's gross domestic product grew 2.8% in real terms in the first quarter of 2021 compared with the fourth quarter of 2020, a flash estimate from the country’s statistics board showed Tuesday.
Romanian company Modular Services, which provides IT services and Outsourcing specialized in legaltech and fintech solutions, is opening a second office in Romania's northeast region.
Romania's current account balance posted a deficit of EUR1.627 billion in January-February 2021, quadruple from a deficit of just EUR431 million in the first two months of 2020, central bank data showed Tuesday.
Romania's public debt reached RON503.6 billion at the end of January 2021, accounting for 47.8% of the gross domestic product (GDP), and exceeding for the first time the RON500 billion threshold, finance ministry data showed Wednesday.
Romania's annual inflation rate grew to 3.2% in February from 3% in January, still driven by higher electricity prices following the liberalization of the country's retail electricity market on January 1, data from the country's statistics board showed Thursday.
Romania's gross domestic product contracted by 3.9% in real terms in 2020 compared with 2019, breakdown data from the country's statistics board confirmed Tuesday.
Romania's public debt reached RON498.3 billion at the end of 2020, accounting for 47.7% of the gross domestics product, compared with 35.3% of GDP in 2019, finance ministry data showed Wednesday.
Romania's current account balance posted a deficit of EUR10.98 billion in 2020, compared with a deficit of EUR10.48 billion in 2019, central bank data showed Monday.
Romania's annual inflation rate stood at 3% in January, mainly driven by higher electricity prices due to the liberalization of the country's retail electricity market on January 1, data from the country's statistics board showed Friday.