GDP
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Only 11 people know Q1 GDP a few hours ahead of official release
Only 11 people know a few hours in advance the value of the most awaited indicator in Romania, set to be released today: the GDP growth in the first quarter of 2011 against the fourth quarter of 2010. 10 of them are members of the Department of National Accoun...
Analysts: Exit from recession must not be gauged only by GDP trend
According to the all the data we have at this moment, we will be exiting recession at the end of the first quarter, meaning that after two consecutive quarters of economic growth we have dir...
Dumitru, Fiscal Council: Fiscal consolidation and public sector personnel cuts are mid-way
Next year's budget deficit target, of 3% of GDP, seems to be challenging and ambitious and may require additional measures of tightening budget spending and an improvement in tax collection,...
Pleasant surprise: Economy down by merely 1.2% in 2010, proving forecasts of -2% wrong
Romania's Gross Domestic Product fell by 1.2% last year, less than analysts' and authorities' forecasts, which hovered around 2%.
Will we see positive GDP figures for the last quarter of 2010?
Romanian President Traian Băsescu made a surprise announcement that Romania would not see negative growth in the fourth quarter of 2010 after all, contradicting forecasts of most analysts.
VAT hike: Between saving the budget and disappointment of prolonged recession
The slowing growth pace of VAT revenues towards yearend is casting a shadow of doubt on the way the 24% hiked VAT, which saved the budgetary gap last year, will help the budget in 2011 as we...
2010 deficit amounts to only 6.6% of GDP
The Government sent to the International Monetary Fund (IMF) a letter saying Romania had met all conditions to get a new tranche of the loan, having ended 2010 with a deficit of 6.6% of GDP,...
Revised forecasts announce GDP return to growth
After the summer saw several analysts gave as certain that the economy would fall by up to 3% this year and potentially remain in recession in 2011, after third-quarter data on GDP progressi...
Pessimistic forecasts: GDP decline between 1.5% and 2.8%
The economy fully felt the effects of the VAT increase and of the 25% cuts to public sector employees' salaries in the third quarter, after the temporary rebound recorded in the second quart...