GDP

Romania, in the platoon of EU countries with strong GDP growth in Q1 2022 / Q1 2021

By rbj Eurostat today released estimates of GDP growth for both the previous quarter and the same quarter in 2021. The largest growth is in Portugal and Ireland. In most Central and Eastern European countries, growth is strong, with the...

Romania’s GDP growth in the EU’s leading platoon in Q1 2022. Forecasts are contradicted by reality

By Jerom Bolt The signal estimates published today by Eurostat announce a different reality than the estimates of the IMF, the World Bank or the European Commission. In the first quarter of August 2022, the economies of most EU countries...

For the first time in the last 30 years, Romania’s public debt has exceeded the 50% of GDP threshold in the first months of...

By Edwig Ban The debt of the public administration (government debt) stood, in February 2022, at 596.9 billion lei, increasing compared to the level of 591.55 billion lei recorded in the previous month, according to data centralized by the Ministry...

Romania’s public debt is fast approaching 50% of GDP

By rbj The debt of the public administration (government debt) stood, in December 2021, at 576.562 billion lei, a strong increase compared to the previous month (November 2021) when it was 557.886 billion lei, according to data centralized by the...

For the first time in 60 years, Romania’s public debt will exceed 50% of GDP. Eurostat confirmed the trend in the report for Q3...

By rbj A study submitted by CFA Romania estimates that Romania's public debt in 2022 will reach 52.5% in 2022. It is for the first time in the last 60-65 years when the country's public debt reaches such a high...

4.8%: Romania’s economy in the lead platoon of GDP growth in the first half of 2019

By Edwig Ban With all the aversion that some economists and journalists show towards Romania, the country's economic growth is one of the strongest in the EU. It is worth noting that the dynamics of Romania's GDP is based not only...

Automotive sector in Romania: 14% of GDP, 27% of exports, 600 companies

By Edwig Ban The Economy Minister Niculae Bădălău said on Monday at the Automobile Industry Forum 2019 in Craiova that at the national level, the contribution of the automotive sector to the economy represented about 14% of GDP in 2018...
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The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the...
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ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...