IMF Expects Romania’s Economy to Grow by 7% in 2021 but Inflation Skyrockets
In its latest estimation of Romania’s economy, IMF predicts a growth of 7%. It’s a slight improvement compared to the IMF’s estimation in April when...
Tag : Romanian economy
Romania’s Wheat Production in 2021 Reaches New Record
Romania is the second wheat producer in the European Union, after France. Year after year, Romania’s farmers contribute to these excellent results with their efforts....
Romanian Exports to the US Expected to Reach an All-Time Record
The Romanian exports to the United States are expected to reach an all-time record this year. The mid-year commercial balance data show an unprecedented growth...
NBR Expects Inflation to Grow Higher than Initially Estimated in 2021
The National Bank of Romania expects the inflation in the country to grow higher than the initial estimations. This is the conclusion of the monetary...
Romania Increases Work Visa Quota for 2021
Romania decided to increase the work visa quota for 2021. The unprecedented decision comes as the number of job offers posted by the employers on...
The Modern Industrial Stock in Romania Has Exceeded 5.4 M Sqm
According to a recent Avison Young report, the modern industrial stock in Romania surpassed 5.4 million square meters with the delivery of about 200,000 square...
Romania`s Rosia Montana Mining Landscape Listed on the UNESCO’s World Heritage
Rosia Montana mining landscape has been included on the UNESCO World Heritage List. The decision was taken on Tuesday, July 27, by the World Heritage...
Romania Is Attractive for Asian Workers
According to statistics, Romanian authorities for migration registered 115,000 applications from individuals from Non-EU states, especially from Asia. The statistics, supplied by the Romanian Immigration...
Romania’s Public Debt Reaches Historical Level
Romania’s public debt reached EUR 107 billion in April 2021. This is EUR 24 billion more than in April 2020. This is the first time...
Cost of Living in Romania
The cost of living in Romania is one of the lowest in the European Union. Romania has very low consumer prices as compared to the...
