Moody's reaffirms Romania's investment grade rating
Moody’s Investors Service kept Romania's rating at Baa3 with Negative Outlook on Wednesday (June 2) while it sees the country's GDP growing 4% on medium term.
Finance
Romania's central bank unexpectedly eases monetary conditions
The National Bank of Romania (BNR) surprisingly slashed its policy rate- the European Union’s highest- by 25bps to a record 1.25 percent during its unscheduled meeting on Friday (Jan.15), aiming to underpin recovery of economic activity.
Romania taps external markets, selling 746.7mn lei of June 2023 T-bonds
Romania's finance ministry sold on Monday (May 27) 746.7 million lei (EUR156.86 million)
of Treasury bonds maturing on 28 June, 2023, data from the country's central bank (BNR) showed.
Romania ranked top for inflation among EU member states
Romania recorded the highest annual inflation rate among EU member states in January 2019, according to figures published on 22 February by Eurostat.
National Bank of Romania keeps interest rate steady at its first 2019 meeting
The Board of the National Bank of Romania decided on Thursday (Feb.7) to keep its benchmark interest rate on hold at 2.5 percent at its first monetary policy meeting this year. The central bank’s decision was in line with economists’ expectations.
Romania, top performer among 10 SEE countries in economic freedom ranking
Romania is the top performer among 10 countries of Southeast Europe (SEE) in terms of economic freedom, according to the Canada-based Fraser Institute's annual Economic Freedom of the World report released today.
About 29% of Romanians are concerned over rising costs and 60% are satisfied with their standard of living
One in three Romanians (29%) are concerned about the prospect of rising living costs in 2018, while 21% of them are concerned about the evolution of the economy in the next period, according to a study by British research company Gfk UK.
External debt increases and foreign direct investment flows decrease in Romania
In the first three months of 2017 Romania’s total external debt increased by EUR 815 million to EUR 93.19 billion, on the back of the rise in non-publicly guaranteed debt (by EUR 596 million) and public debt (by EUR 224 million), according to data provided by the National
Ministry of Public Finance of Romania employees protest over salary cuts
Around 22,000 employees of the Ministry of Public Finance of Romania started a spontaneous protest on Monday morning as a reaction to the draft unitary wage law, which is currently debated in the Parliament.
