recession
24 articole · RSS
IMF: We have clear signs growth is resuming. Consumption will rise as well
The IMF says the probability of recession returning to Romania this year is very low and expects economic results will confirm the return of growth
Orange: The market shrank by 300m euros in 2010
Romania's mobile telephony operators in 2010 lost 300m euros in revenues against 2009 amid recession, VAT hike, the austerity moves and the first fall in history in the number of users, acco...
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...
What good does it do Romania to have oil reserves if fuel price increases can bring recession back?
In just two months' time, the price of petrol went up 2.6%, while that of diesel oil has risen 5%. Economic analysts believe the major fuel price increases could drag Romania back into reces...
How could economy leave recession behind?
Analysts believe there are few chances that the economy will perform better in the third quarter against the last three months of last year, with a modest growth being possible as a result o...
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...
Only Romania and Greece of all EU countries are still in recession
The Statistics Institute announced a 2.3% GDP decline in the third quarter of the year against the similar period of 2009, despite the rebound of agriculture and exports.
Threat of a third year of recession looms, IMF calculations suggest
The IMF is considering the risk that 2011 could be the third consecutive year of recession for the Romanian economy, recognising for the first time in its calculations the possibility of a 1...
Head of Statistics Institute sees growth in Q3 and W-shaped recession
The economy could get out of recession at the end of the third quarter, after a new increase in the GDP, but the last quarter might see decline, hence a W-shaped trend, said Vergil Voineagu,...