Fitch affirms Romania's rating at 'BBB-', revises country outlook from negative to stable Fitch Ratings revised on Friday the outlook on Romania's long-term foreign- and local-currency... 26/03/2023
Government debt drops to 47.2pct of GDP, in December 2022 In December 2022, the public administration debt (government debt) increased to 667.308 billion... 09/03/2023
Budget deficit for 2022 stands at 5.68% of GDP, below authorities' target The implementation of the general consolidated budget for 2022 ended with a deficit of 81.01... 30/01/2023
Romania's economy up 5.8pct in 2021 against 2020 The estimated Gross Domestic Product (GDP) for 2021, semi-final data, was 1,187.402 billion lei... 21/12/2022
External imbalances, most serious alarm signal for Romania's sustainability, economic competitiveness (presidential advisor Marinescu) Romania's economy registered a significant growth in the post-pandemic period, including this... 10/12/2022
Government debt ammounts to over 646 billion RON, in September, representing 47.6% of GDP The debt of the public administration (government debt) amounted, in September, to 646.073... 07/12/2022
The budget for education foreseen for next year: 3.2% of GDP The budget for education foreseen for the year 2023 is 49.509 billion RON, respectively 3.2% of... 07/12/2022
FinMin Caciu: We are grounding next year's budget on an investment volume of 7.2% of GDP The budget for next year is built on a historic investment volume of 112 billion lei, i.e. 7.2%... 06/12/2022
Romania's 2023 budget built on 4.4pct of GDP gov't deficit, 8.2pct of GDP personnel costs Romania's draft 2023 national budget is built on a projected government deficit of 4.40% of GDP,... 06/12/2022
Investments for environmental protection last year represent 0.3 pct of GDP Current domestic expenses for environmental protection last year represented 0.9 pct of GDP, and... 02/12/2022
Romania's 10-month budget deficit widens to 3.37 pct of GDP Romania's consolidated budget deficit increased to 3.37 percent of GDP over January - October,... 25/11/2022
PSD's Ciolacu: Servicemen's pensions are service pensions that all NATO countries have Chairman of the Social Democratic Party (PSD) Marcel Ciolacu said on Friday, in Resita, when... 19/11/2022
Geoana on 'Romanian paradox': Country's GDP is 4 times higher than in 1989, but it is witnessing a demographic cataclysm Romania is living its best time in its entire history, with a GDP four times higher than in... 28/10/2022
PM Ciuca:Talks with EC head also aimed at adjustments to PNRR, including 9.4pct limit of GDP to pensions budget Prime Minister Nicolae Ciuca stated that within the discussions with President of the European... 27/10/2022
General consolidated budget deficit, up 3.04 pct of GDP, after first nine months The general consolidated budget deficit rose to 3.04% of GDP after the first nine months of... 25/10/2022
Fiscal Council's Daianu: GDP growth 2-3pct and disinflation process in 2023 Romania's GDP growth in 2023 will be somewhere between 2pct and 3pct, while inflation will go... 18/10/2022
Government debt in August amounts to almost 628.3 billion RON, representing 48.8% of GDP The debt of the public administration (government debt) amounted, in August, to 628.289 billion... 14/10/2022
Statistical Office brings down economic growth estimate to 5.1pct in Q2 and 5.7 in H1 In the second quarter of the current year, the Gross Domestic Product saw an increase of 5.1pct,... 12/10/2022
Gov't debt slightly up in July, to 48.8pct of GDP Public administration debt (government debt) rose slightly in July this year, to 48.8% of the... 20/09/2022
Romanian state owns 216 companies which generate around 7 pct of Romania's GDP The Romanian state owns, through the Government of Romania, 216 companies, which employ around... 12/09/2022
Government debt-to-GDP ratio climbs to 48.3 pct as of end May The government debt as of end-June 2022 was RON 621.828 billion, up from RON 577.142 billion in... 07/09/2022
Budget deficit, up to 1.94pct of GDP 7 months into 2022, down against similar period of 2021 The general consolidated budget deficit increased to 1.94% of the Gross Domestic Product (GDP)... 25/08/2022
Investment expenses, 5% of GDP last year Last year, investment expenses were 5% of GDP, a level similar to that recorded in the previous... 28/07/2022
Romania's H1 budget deficit widens to 1.71 pct of GDP Romania's mid-year consolidated budget deficit increased to 1.71 percent of GDP from 1.57... 26/07/2022
Prime Minister Nicolae Ciuca: Reforming business opening procedure to lead to increase in GDP per capita Prime Minister Nicolae Ciuca on Monday underscored that the data of the final report on... 23/05/2022
UN Representative: Romanian legal framework for child protection is very good; implementation - challenge The Special Representative of the United Nations General Secretariat on Violence against... 20/05/2022
Romania's economy advances 5.2 pct in Q1 2022 Romania's economy advanced 5.2 percent in Q1 2022 from the previous quarter and 6.5 percent from... 17/05/2022
European Comission halves estimates regarding Romanian economic growth in 2022 After a robust growth in 2021, the economy of Romania is expected to slow to 2.6% in 2022, as... 16/05/2022
EconMin says highly confident in new owner Ford Otosan's plans for Craiova auto plant The Ford plant in Craiova is headed for an electric future and I am very confident in the plans... 13/05/2022
Finance Minister maintains forecast that nominal GDP to be at least at level at which budget was built Minister of Finance Adrian Caciu said on Thursday that he maintains his forecast that this... 21/04/2022
LabMin Budai: '9.4% of GDP for pensions to be made more flexible' The 9.4% threshold of the GDP which limits expenses with pensions will be made more flexible,... 31/03/2022
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
