Financial

National Bank of Romania' s Chief
Economist, Valentin Lazea purportedly noted that the country's
macroeconomic situation is a good one and this particular stability
needs to be maintained....more »

Bucharest City Hall has borrowed 2.2 billion RON through a bond issue listed on the Bucharest Stock Exchange in the largest bond issue ever in Romania started by a municipality....more »

President Klaus Johannis will organize
consultations with political parties to identify a national political
consensus on Romania's accession to the euro area in order to ensure
a smooth process in the adoption of the euro.
...more »

The European Commission has slightly revised its estimates of Romania's economic growth in 2015 to 2.8 per cent, from 2.7 per cent, as estimated in February, according to the Commission's Spring 2015 Economic Forecast. 'Economic growth in Romania is forecast to remain robust in 2015 and 2016, driven by strong private consumption and recovering investment. ...more »

The consolidated general budget ended Q1 2015 with a significantly higher surplus, 4.9 billion lei, 0.7% of GDP respectively, compared to a surplus of 2.3 billion lei, 0.33% of GDP respectively, in the first two months of this year, according to the data released by the Ministry of Public Finance.
...more »

Romania’s exports and imports rose between January and February 28, 2015, with exports recording a faster growth: 3.6 percent year-on-year, whilst imports advanced by 3.3 percent. ...more »

The Romanian Financial Supervisory Authority (FSA) has approved eventually the Regulation regarding the listing on foreign EU markets through the depositary interests of shares listed in Romania, after the first unsuccessful attempt in November 2014. ...more »

The VAT for all agri-food products, including non-alcoholic beverages and food services, will be reduced to 9 percent from 24 percent starting with June 1, 2015, announced the Prime Minister, Victor Ponta....more »

The Government will soon announce the reduction of the VAT to 20 percent starting this year, namely June 2015, instead of January 2016, as provided by the new Tax Code, governmental sources told gandul....more »

The Romanian subsidiary of Piraeus Bank Group recorded a gross profit of 2.1 million euro in 2014, down by 36.4 from 3.3 million in the previous year. ...more »