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...
Tag : Romanian economy
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 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...
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...
European Union Approves Romania’s Plan to Help Hospitality Sector with EUR 500 Million
European Union announced on Thursday, April 15, that Romania’s plan to help hospitality sector was approved. Is it too late? It is, especially for all...
IMF Predicts 6% Economic Growth for Romania in 2021, Second in EU
6% economic growth for Romania in 2021 – this is the latest estimation of the IMF economists for Romania, included in the World Economic Outlook...
Eurostat: Germany Dominates the European Union Economically
Germany is the main country where 16 of 27 member states import goods and services, according to the statistics published by Eurostat. There is one...
World Bank Improves Forecast for Romanian Economy: 4.3% Growth in 2021
World Bank improves the economic forecast for Romania in 2021 and estimates a growth of 4.3% this year. The announcement was made on Wednesday, March...
Romanian PM: No New Taxes this Year!
Romanian PM, Mr. Florin Citu, wanted to emphasize a message which he’s been trying to deliver for some time: there won’t be introduced any new...
