GDP
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The state is keeping a tight lid on the budgetary deficit
The Finance Ministry has so managed to keep the budgetary deficit under control, with the gap widening by almost one percentage point to around 6% in GDP (30bn RON) in November, according to...
Romania publishes as many books as UK per billion euros of GDP
With a 15 times lower economic performance than UK's, Romania publishes a similar number of books titles per every billion euros of GDP. This indicator points to the fact that in Romania the...
GDP decline slowdown in Q3 takes analysts by surprise
“Good news”, “the biggest surprise”, “much better than expected” or “a ray of light in these dark times”. This is what foreign analysts say about the performance of Romania's economy in the...
Budget deficit reaches 4.5% of GDP
Romania's budget deficit climbed to 4.5% of the Gross Domestic Product (GDP) in the first eight months of the year, up by around one percentage point against the end of July. The deficit wid...
Braun, ING Pensii: A resumption in GDP growth in 2010 would show on Stock Exchange
Stock Exchange investors are anticipating the progression of economic growth one year ahead, so if Romania's economy were to go up in 2010, the Stock Exchange would already start to see a ri...
GDP loses almost 12bn euros
The National Prognosis Commission (CNP) has deeply revised its economic projections for the 2009-2013 interval, announcing a 4% economy contraction for this year, down from the 2.5% growth r...
GDP loses almost 12bn euros
The Romanian Forecasting Commission (CNP) has dramatically revised economic forecasts for 2009-2013, announcing a 4% contraction of the economy, compared with a 2.5% rise expected at the beg...
Budget deficit doubles to 3% of GDP in one month due to non-collected revenues
The estimated budget deficit approached 3% eleven months into the year, reaching 2.9% of the GDP, amid a dramatic decline in revenues in October and November, which were around 1.3 billion e...
Romania's GDP up 9.1% in Q3, amid agricultural boom
Economic growth accelerated in the third quarter of the year to 9.1%, bringing the nine-month GDP rise to 8.9%, with the increase being mainly driven by the growth recorded in the agricultur...