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Articles - economy

Romania’s GDP growth could reach 4.7% in 2019

Romania’s GDP growth will accelerate from 4.2% this year to 4.7% in 2019, according to the spring estimates released by the National Prognosis Commission. The GDP would thus reach about EUR 200 billion in 2019.

Romania sees highest negative inflation rate in EU

Romania recorded the highest negative inflation among the 28 EU member states in April, with an annual rate of -2.6%.

Romania is single CEE country with accelerated economic growth in Q1

The growth rate recorded in the six EU member states from Central and Eastern Europe slowed down in the first quarter, except for Romania, in conditions when household expenses could not compensate for dropping community funds and lower export demand, according to Bloomberg economists.

Romania’s annual inflation rate hits new low in April

Romania’s annual inflation rate went down to -3.3% in April, when compared to April 2015, which represents a new low. In March this year, the annual inflation rate stood at -3%.

IMF: Romania’s economy will grow by 4.2% this year

The International Monetary Fund (IMF) has revised up its estimates on Romania’s economic growth for this year to 4.2%, according to its latest World Economic Outlook report.

S&P affirms Romania at 'BBB minus', with stable outlook

Standard & Poor’s Ratings Services on April 8 affirmed its ‘BBB-/A-3′ long- and short-term foreign and local currency sovereign credit ratings on Romania, with a stable outlook, the rating agency said in a statement.

Erste: Romania could have the highest economic growth in the region

Romania could have the highest economic growth among the countries in Central and Eastern Europe this year, with a GDP increase of 4.1%, according Austrian bank Erste Group’s analysts.

Romania records third largest growth in EU

Romania recorded the third largest economic growth in the European Union in the last quarter of 2015, according to EU’s statistical office Eurostat.

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