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Articles - business environment

INS confirms technical recession, though Q2 performance is slightly better

The decline of Romania’s gross domestic product in the second quarter was slightly smaller than expected, revised data from the country’s statistics institute INS showed Wednesday.

IMF lowers forecast for Romania’s economic growth

The International Monetary Fund reduced its estimate regarding Romania’s economic growth in 2014 from 2.8 percent (June forecast) to 2.4 percent, according to the World Economic Outlook report published on Tuesday, writes Mediafax.

Romania, safer than Hungary and Bulgaria according to Standard&Poor’s study

Market implied risk has fallen considerably in the last three years and as a result Romania is a much safer economy than other European countries such as Hungary, Bulgaria and Portugal, Standard& Poor’s “Global Sovereign Debt, A market Driven Perspective” report shows.

Romania’s retail turnover up 7.6% in eight months

Romania’s retail turnover, except trade of motor vehicles and motorcycles, , increased by 7.6% in the first eight months of 2014 in gross series, compared to the same period in 2013, according to recent data from the country’s Statistics Institute INS.

Trust index for Romania’s economy declines in September

Trust in Romania’s economy dropped in September, reflecting the negative perception for the economy in the Euro zone and in the European Union.

EBRD maintains Romania economy growth estimates at 2.6 pct in 2014, 2.8 pct in 2015

The European Bank for Reconstruction and Development (EBRD), in a report that examines the effects of the conflict in Ukraine on Central and Eastern Europe released this Thursday, maintained its growth estimates for Romania's economy at 2.6 percent for 2014 and 2.8 percent for 2015.

EY study: Romanian businessmen growing more pessimistic

Romanian businessmen have become more pessimistic in the last 8 months about business growth this year, according to a study from Ernst & Young.

Foreign direct investments down at EUR 1.3 bln in Romania

Foreign direct investments totaled EUR 1.3 billion in the first seven months of the year, down 13.8% compared to the same period the previous year, according to data from the central bank BNR.

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