World Bank Forecasts 6% Growth for Romania in 2021
World Bank improved its outlook for Romania’s economic growth for 2021. According to their experts, Romania’s economy will grow by 6% this year. In April,...
Category : Economy
Romania’s GDP up by 2.8 pc. in Q1 2021
Romania’s economy grew by 2.8% in Q1 2021, as compared to Q4 2020. The announcement was made on Tuesday, May 18, by the National Institute...
British Investment Lawyer on Investing in Romania: A Thriving Gateway to Balkans
Nicholas Hammond from Hammond Partnership Law Firm is one of the British expats who have been living and working in Romania for more than 30...
Romania’s Central Bank Forecasts 4.1% Inflation Rate for 2021
National Bank of Romania – NBR significantly increased its forecast for the annual inflation rate for this year. According to the latest press release, Romania’s...
European Commission: Romania’s Economy Expected to Grow by 5.1% in 2021
European Commission revised its projection for the Romanian economy. According to the latest estimation published on Wednesday, May 12, Romania is expected to grow its...
Romania’s Trade Deficit Widens in Q1 2021
Romania’s trade deficit widens in Q1 2021, according to data from the National Institute for Statistics. The gap between Romanian exports and imports reached EUR...
National Bank of Romania Increases Its International Reserves to EUR 38.3 Billion
On 30 April 2021, the National Bank of Romania’s foreign exchange reserves stood at EUR 38,304 million, compared to EUR 35,709 million on 31 March...
Fitch Affirms Romania at ‘BBB-‘; Outlook Negative
Fitch Ratings affirms Romania’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Negative Outlook, according to a report published on Friday, April 23....
Romanian Public Sector to Lay Off Employees in 2021
Romania is one of the European countries where there is this huge discrepancy between the salaries in the public sector and the salaries in the...
S&P Improves Romania’s Outlook from Negative to Stable after 7 Years
Very good news for Romania: Standard & Poor’s improved Romania’s outlook of the governmental debt from negative to stable. It is the first improvement of...
