GDP
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Consumer finance makes up 15% of GDP
The appetite for consumer loans puts Romania second in the region in terms of the share of this type of financing in last year's GDP, but at the same time the country is a laggard in terms o...
Budget falls into deficit after five months: 0.34% of GDP
The general consolidated budget posted a budget deficit of 0.34% of the GDP at the end of May, sources from the Ministry of Economy and Finance told ZF, after the finance minister forecast a...
Top 10 automotive companies make up 5% of GDP
The top ten largest companies on the local car market, which include importers, manufacturers and dealers, posted cumulated turnover worth over 6 billion euros last year, equivalent to 5% of...
Economy resumes fast growth, as GDP increases by 8.2% in Q1
The economy advanced by 8.2 percent in the first quarter against the same period in 2007, and exceeded even the most optimistic expectations, data from the National Statistics Institute reve...
Romanian tourism: minimal contribution to GDP
According to the latest figures, tourism in Romania has a minimal contribution to the GDP, while jobs in this sector are regarded as a 'last resort' career option due to the low salaries. Al...
Government promises to reduce budgetary deficit to less than 2.5% of GDP
The Government has promised, half-heartedly, to reduce the budgetary deficit to less than 2.5% of GDP, to straighten out public spending and to avoid offering any "electoral giveaways", whil...
2007: 41bn-euro budgetary revenues, 35% of GDP
Total public budget revenues last year amounted to 136.48 billion RON (41 billion euros), while the budgetary deficit reached 2.4% of GDP, in line with the government's target. The public bu...
Budget deficit: 2.4% of GDP
The general consolidated budget saw a deficit of around 2.4% of the GDP, according to preliminary data, close to the target set by the authorities, according to official sources. The third b...
Public debt at 5-year low: 16.4% of the GDP
The total debt of the Romanian state has exceeded 20 billion euros for the first time ever, but registered the lowest level of the past few years in terms of percentage of the gross domestic...