deficit

Romania: The trade balance deficit was 5.5 billion euros lower in the 11 months of 2023 compared to the same period in 2022

Bucharest, January 9, 2024 - # rbj - The Bucharest, January 9, 2024 - # rbj - The trade balance deficit (FOB/CIF) in the period January 1 - November 30, 2023 was 25.555 billion euros, lower by 5.450 billion euros...

EC, Spring 2023 Economic Forecast: Romania has the best economic growth forecast for this year and next year. Poland, Hungary, Czechia, after Romania

The European Commission on Monday improved its estimates for Romania's GDP growth this year and next year and maintained its inflation projection for 2023, according to the spring economic forecast. The Romanian economy would register an increase of 3.2% in...

Romania’s trade balance deficit reached 31 billion euros in the first 11 months of 2022

By RBJ In the 11 months of 2022, the trade balance deficit was 31 billion euros, increasing by 45.2% (+9.654 billion euros) compared to the value recorded in the same period in 2021, according to a press release from the...

Romania’s trade deficit explodes from one month to the next, demonstrating its unnatural dependence on EU economies

By RBJ Romania's exports increased by 25.8%, to 76.833 billion euros, in the first ten months, and imports by 31.1%, to 105.238 billion euros, compared to the same period last year, according to the data published on Monday by the...

Does the Romanian economy have to produce only a trade deficit?

By Constantin Radut The industrial destructuring of Romania is increasingly evident, especially since its integration into the European Union. In the 15 years since we have been members of the EU, the country's economy has lost any comparative advantage in...

Romania, deficit of over 2 billion Euros in trade balance with Russia, in 2021. Poland had a deficit of almost 9 billion Euros

By Emea Riga Only four EU member states had a trade surplus with Russia in 2021, while Romania has a larger trade deficit than Germany, according to data released Monday by Eurostat, according to Agerpres. According to these data, in 2021...

Romania’s trade deficit grows at a galloping pace: 21.4 billion euros over 11 months in 2021

By rbj Romania's trade balance deficit (FOB / CIF) amounted to 21.369 billion euros in the first 11 months of 2021, increasing by 4.929 billion euros compared to the same period in 2020, according to data from the National Institute...

Romania’s trade deficit, the largest in the last 30 years

By Edwig Ban The lack of government incentives to promote exports and the negative effects of the Covid-19 pandemic have led Romania to record the largest trade deficit in 30 years. According to the National Institute of Statistics (INS), the trade...

Eurostat, 2018: Romania had a very small public debt: 35% of GDP and a government deficit of 3%

By Jerom Bolt In a release today, the statistical office of the European Union, Eurostat, provides the government deficit and debt data for the years 2015-2018 based on the figures reported by EU Member States in the second notification of...
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Romania recorded the largest increase in construction works in 2023

Bucuresti, 10 February, 2024 - # RBJ - In December 2023, compared with November 2023, seasonally adjusted production in...
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SeedBlink launches ESOP Design program to help Romanian entrepreneurs reward their employees through shares

The program is adapted to the specific legal and tax environment in Romania. It is made in collaboration with Mavers Tax Advisory and Andronic...

Algeria is taking the place of Russia, slowly but surely, in the gas supply of Central Europe

Bucharest, February 17, 2024 - # RBJ (photo: Algerian gas pipelines to Italy and Spain) - Last week, the German Vice-Chancellor and Minister of...

Romania-Italy: action plan that will strengthen the relations between the two states to a higher level

Rome, February 15, 2024 - # RBJ (Source: Agerpres) - Romania and Italy are entering a new stage of development of their consolidated strategic...

The Economist Impact Events presents the fourth edition of the Romanian Business & Investment Roundtable Conference in Bucharest, between April 3-4, 2024

Bucharest, 15 February, 2024 - # RBJ - The Economist Impact Events and its official representative for South East Europe, Hazlis & Rivas, together...