Romania already using 3.4pct of GDP to prop up economy, citizens Romania is already using 3.4% of its Gross Domestic Product (GDP) to prop up its economy and... 23/03/2022
Citu: PNL to propose in governing coalition allocation of 2.5% of GDP for defense expenses The National Liberal Party (PNL) has decided to propose in the governing coalition the... 22/03/2022
Government debt amounts to 576.5 billion lei at end-December 2021, represents 48.9% of GDP The debt of the public administration (government debt) stood, in December 2021, at 576.562... 17/03/2022
President Iohannis announces first humanitarian convoy to Ukraine to be carried out in coming days President Klaus Iohannis attended on Tuesday a videoconference coordination meeting with... 08/03/2022
January 2022 general consolidated budget execution ends with 1.69 billion lei deficit The execution of the general consolidated budget in January 2022 ended with a 1.69 billion lei... 25/02/2022
FMCG industry in Romania grows by 7.5 pct last year, over EU average (study) The fast-moving consumer goods (FMCG) industry continues to be an economic powerhouse, with an... 21/02/2022
Romanian economy grows 5.6% in 2021; GDP advances 2.2% in Q4 2021 The Romanian economy grew 5.6% last year, and in the last quarter of 2021 the Gross Domestic... 15/02/2022
NBR Board decisions on monetary policy The Board of the National Bank of Romania, having convened for the meeting of 9 February 2022,... 09/02/2022
End-November government debt climbs to RON 557.886 bln, debt-to-GDP ratio at 48.7 pct The government debt as of end-November 2021 was RON 557.886 billion, up from RON 552.385 billion... 31/01/2022
Budget deficit goes down to 6.72pct of GDP in 2021 from 9.61pct in 2020 The consolidated general budget ended last year with a deficit of 6.72pct of Gross Domestic... 28/01/2022
Romania ends 2021 with 6.7 pct deficit of GDP Romania ended 2021 with a budget deficit of 6.7 pct of GDP and we would have liked it to be 5... 27/01/2022
CFA Romania analysts expect public debt to grow to 52.5 pct of GDP in 12 months Experts of Romania's chartered financial analysts association CFA Romania put their budget... 26/01/2022
LabMin continues to support renegotiation of 9.4% of GDP for pension expenses The Minister of Labor, Marius Budai, declared on Wednesday that he continues to support a... 19/01/2022
World Bank: Romanian economy is expected to advance 4.3pct in 2022 The Romanian economy is expected to advance 4.3% in 2022 as against a 4.5% forecast in June... 12/01/2022
INS maintains estimate of GDP growth at 0.4% in Q3, 2021 The National Institute of Statistics (INS) maintained at 0.4% the estimate for the growth of the... 12/01/2022
Romania's GDP goes up by 17 billion Euro in 2021, from 2019 (minister) Romania's Gross Domestic Product (GDP) has gone up in 2021 by 17 billion Euro, as opposed to... 03/01/2022
Government debt estimated at 48.8% of GDP at 2021 end The level of government public debt is estimated at 48.8% of GDP, at the end of 2021, ranging... 19/12/2021
Minister of Finance: Romania, in 2022, will maintain its reduction trajectory, within excessive deficit procedure The Government approved two normative acts of special importance for the adoption of the State... 17/12/2021
2022 state budget, built on cash budget deficit target estimated at 5.8 pct of GDP The 2022 state budget was built on a cash budget deficit ratio estimated at 5.8 pct of the Gross... 17/12/2021
Gov't debt down to 552.39 billion lei in end-October, representing 48.2pct of GDP The public administration debt (government debt) stood at 552.385 billion lei at the end of the... 16/12/2021
PSD's Ciolacu: I want a functional gov't that collects what is due to the Romanian state Chairman of the Social Democratic Party (PSD) Marcel Ciolacu said on Wednesday that tax evasion... 08/12/2021
Romania to allocate approximately 2% of GDP annually over the next 10 years to co-finance infrastructure projects (project) Romania will have to allocate approximately 2% of GDP annually over the next 10 years,... 03/12/2021
FinMin Caciu: Government has approved budget rectification The government adopted on Friday this year's second budget rectification, maintaining the... 26/11/2021
Budget deficit, 4.03% of GDP after first 10 months of 2021 Execution of the consolidated general budget in the first 10 months of 2021 ended with a deficit... 24/11/2021
R&D spending accounts for 0.47 pct of GDP in 2020 R&D expenditures accounted for 0.47 pct of GDP in 2020, of which 0.28 pct for the private... 16/11/2021
Iohannis: Romania commits to increase percentage of electrical energy coming from renewables Romania has one of the "lowest" rates of greenhouse gas emissions per capita in the European... 02/11/2021
MF: Budget deficit of 3.77 of GDP, January through September, 2021 The execution of the general consolidated budget in the first nine months of 2021 ended with a... 26/10/2021
Government debt surpasses 550 billion lei, at end of August, representing 49.7% of GDP The debt of public administration (governmental debt) has gone up, at the end of the first 8... 18/10/2021
INS: Gross domestic product up 4.2pct in 2019 The estimated gross domestic product (GDP) for 2019 was 1,058.973 billion lei in current prices,... 11/10/2021
INS revises Romania's Q2 2021 economic growth to 1.9pct from 1.8pct The National Institute of Statistics (INS) has revised Romania's Q2 2021 economic growth to... 11/10/2021
Financial assets of public administration sector decrease to 24.4 pct of GDP end-Q2 2021 The financial assets of the public administration sector decreased by 0,4 percentage points in... 07/10/2021
Budget deficit up to 3.35 pct of GDP, after 8 months of 2021 The general consolidated budget deficit climbed to 3.35 pct of GDP after the first eight months... 27/09/2021
CFA Romania: Budget deficit of 6.8% of GDP in 2021 CFA Romania analysts anticipate a budget deficit of 6.8% of GDP in 2021, and public debt could... 27/09/2021
Official Daianu: Financial crisis and pandemic push public debt up to 47pct of GDP in end-2020 The financial crisis and the pandemic have led to an increase in the public debt from about 15%... 20/09/2021
PM Citu deems partnership with President of Romania, stronger than ever Prime Minister Florin Citu, candidate for the National Liberal Party (PNL) chair, reminded, on... 15/09/2021
PM Citu: Gov't has approved first budget revision of this year Prime Minister Florin Citu on Tuesday stated that the gov't has approved the budget revision,... 07/09/2021
CFA Romania: Budget deficit of 6.6 pct of GDP in 2021, public debt, 53 pct of GDP in 12 months Financial analysts anticipate a budget deficit of 6.6% of GDP in 2021 and an inflation rate of... 27/08/2021
Gov't deficit at 2.89% of GDP seven months into national budget implementation The implementation of Romania's aggregate national budget in the first seven months of 2021... 26/08/2021
National Institute of Statistics releases data on GDP evolution in Q2, 2021 On Tuesday, the National Institute of Statistics (INS) released data showing the evolution of... 17/08/2021
Finance Ministry: 1.68pct of GDP deficit in Q2 2021 The general consolidated budget recorded a deficit of 19.17 billion lei (1.68pct of GDP) in the... 30/07/2021
Budget deficit up to 2.96 pct of GDP after 6 months The general consolidated budget deficit is up to 2.96 pct of the Gross Domestic Product after... 27/07/2021
PM Citu: Bugdet execution - tomorrow; staff spending lower as GDP percentage The budget execution for the first six months of the year will be publicly presented on Tuesday,... 26/07/2021
CFA Romania's 2021 projections: 5.8 pct economic growth, budget deficit at 6.2 pct of GDP Financial analysts project a 5.8 percent growth rate for Romania's economy this year and a... 26/07/2021
FSLI requests PM Citu to present Government draft of modernizing education system The Federation of Free Education Unions (FSLI) is requesting the PM Florin Citu to explain to... 23/07/2021
Population net wealth reaches historic height in 2020 (BNR report) The population's net wealth is placed at a historic height, registering a growth of 6% in 2020... 22/07/2021
Financial assets of public administration sector reach 23.5 pct of GDP end-Q1 2021 The financial assets of the public administration sector increased by 1.1 percentage points in... 20/07/2021
Government debt accounts for 49.7 pct of GDP January through May 2021 Public debt (government debt) rose at the end of the first five months of 2021 to about 527.5... 19/07/2021
Official statistics: 161.9 billion RON in social protection expenditures, over 15 pct of GDP, in 2019 Social protection expenditures totaled 161.9 billion RON in 2019, by 13.3% more than in the... 01/07/2021
CFA Romania analysts anticipate budget deficit of 6.4 pct of GDP in 2021 Financial analysts anticipate this year's budget deficit will be 6.4 percent of GDP and the... 28/06/2021
Five-month budget deficit widens to 2.29 pct of GDP, yet sees YoY improvement Five months into 2021, Romania's consolidated budget deficit widened to 2.29 percent of GDP -... 25/06/2021