Out of Recession After Two Years Of Economic Crisis
According to official data released by the National Statistics Institute (INS), after two years of economic crisis, the Gross Domestic Product having increased two consecutive quarters getting the...
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 ArticleRomania Signs With Partner Countries The Bucharest Statement by Black Sea...
Romanian Ministry of Economy, Trade and Business Environment (MECMA) State Secretary Karoly Borbely declared that the Romanian authorities and the officials of the Black Sea riparian states have...
View ArticleRomania In The Top CEE Business Destination In May
A ZEW/Erste survey showed Friday that in May Romanian economic outlook for the next six months improved slightly, anchoring the country in the first spot among the best business destinations in Central...
View ArticleTo Build A House In Bucharest Suburbs Costs EUR80,000 Or Less
According to a study of Romanian realty website imopedia.ro, to build a 100 sqm house near Bucharest costs between EUR58,000 and EUR80,000, since the economic crisis slashed construction and plot...
View ArticleRomania Must Benefit From Its Fortes
General Manager of IBM Romania Bogdan Balaci, board member of the US Trade Chamber in Romania (AmCham) said in an interview that Romania must focus and benefit from its fortes, IT being one of them....
View ArticleInvestigations Into State Aid To Romanian Air Transport Sector Began
The European Commission has opened two investigations under EU state aid rules into a Romanian support scheme for investments in regional airports and to ascertain whether certain rebates and discounts...
View ArticleLocal insurance market still facing difficulties
Because of the economic crisis, the local insurance market is still facing difficulties. According to analysts, the pressure of uncertainty in Romania is influencing consumer behavior and purchasing...
View ArticleIMF Christine Lagarde to visit Romania in July
The International Monetary Fund (IMF) reports in a press release that Christine Lagarde, Managing Director of the IMF, will visit Romania on July 15 and 16. This will be the first to Romania since her...
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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