Gross Domestic Product
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ZF English
Economy drop not huge, but neighbouring countries already on the rebound
The recession persisted in Romania in the first quarter, so that the Gross Domestic Product fell by 2.6% compared with the same time of last year, which is less than the analysts’ 3.4% forecast; however, other economies in the region are already on the rebou...
ZF English
Romanian life insurance market among the least developed in the region
Romania is among the countries with the least developed life insurance markets in Central and Eastern Europe, as the share of this industry in the Gross Domestic Product amounts to just 0.3%...
ZF English
IMF expects 0.5-1% growth for Romania in 2010
The International Monetary Fund (IMF) anticipates slight economic growth (0.5%-1%) for Romania in 2010, a gradual recovery that will occur after the next three quarters, which will see the G...