Fiscal Council: Romanian Economy Not Completely Recovered
The parliament-appointed Fiscal Council said Thursday that the Romanian economy has stabilized, but the country is yet to emerge from its worst recession in over a decade. Ionut Dumitru, president of...
View ArticleFIC Top 5 Investments
The Foreign Investors Council organized yesterday a seminar where Anca Boagiu, Minister of Transport and Infrastructure, stated that her institution has saved a total of EUR 600 M in its infrastructure...
View ArticleOECD: Japan’s GDP Growth At 0.8% This Year
The Organization for Economic Cooperation and Development said that, because of the earthquake and tsunami that devastated parts of the country, growth in Japan’s gross domestic product (GDP) will slow...
View ArticleEurostat Is Reservations About Romania’s Declared Public Debt And Budget Deficit
The European Institute of Statistics (Eurostat) declared it has reservations regarding the declared public budget deficit and governmental debts that Romania has officially announced. Specialists...
View ArticleRomania’s GDP Estimates This Year Improved By Oxford Economics To 1.2%
This year, Romania’s gross domestic product (GDP) growth estimate for 2011 has been modified by analysts of the British institute Oxford Economics from 0.1 % to 1.2 %. The change is due to optimistic...
View ArticleDuster Brings The Desired Economic Growth
The 40% increase in exports and exports were boosted by the Duster, which determined the 1.6% GDP hike in Q1. The GDP grew by 500% in the first quarter. According to an analysis, the Duster was what...
View ArticleThe Highest Standard Of Living Found In Bucharest. The Lowest, In Vaslui
A survey put together by “Saptamana Financiara” shows Bucharesters having the largest amount of salary money after subtracting minimum food basket costs, followed by the residents of Ilfov and Cluj. At...
View ArticleEarthquake Pulls Japan Back In Recession
After the devastation caused by the earthquake and tsunami in March, Japan’s economy, known as the world’s third largest, has slid back into recession. The gross domestic product shrank 0.9 pc in the...
View ArticleMoody’s Analytics: euro area expected to contract this year
According to Eurostat data, GDP declined 0.2% in the three months to March, following a 0.6% drop previously. Consumption grew 0.1% while investment dropped 1.6%, exports 0.8%, imports 1.1%, and...
View ArticleRomanian economy Q1 growth 1.9 % year- on -year
Provisional data released on Thursday by the National Statistics Institute (INS) shows that Romanian economy increased 1.9 % in real terms in Q1 2013 compared to the same period of the year before,...
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