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Search Results for: economic growth

EBRD revises downwards Romania’s economic growth forecast to 3.2%

One day after the release, by the European Commission, of the economic growth forecast for Romania, revising it downwards to 3.3% of GDP, down from the forecast in January (3.8%), the European Bank for Reconstruction and Development (EBRD) has announced ...

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Eurostat: GDP up by 0.2% in EU28 in Q4 2018, Romania – the fourth economic growth

Seasonally  adjusted  GDP  rose  by 0.2%  in  both  the euro  area (EA19)  and  the EU28 during  the  fourth quarter  of 2018,  compared  with  the  previous  quarter, according  to  a  flash  estimate  published  by Eurostat,  the statistical office of the European ...

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PSD’s Dragnea claims Romania’s GDP is up by 25pc as against 2016. PNL chair Orban: Fictional economic growth

Chairman of ruling Social Democrat Party (PSD), Liviu Dragnea has posted on Facebook Sunday that Romania’s Gross Domestic Product (GDP) has climbed to RON 949.6 billion in 2018, RON 188.2 bln more than in 2016, which means a 25 per ...

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4.3% economic growth in Q3 confirmed by INS

The National Statistics Institute (INS) has confirmed on Friday the estimates released at mid-November regarding the 4.3% economic growth, as gross series, in Q3 against the same period last year. Thus, in Q3 2018, the GDP increased by 4.3% as ...

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4.2% economic growth in nine months of 2018

The Gross Domestic Product (GDP) grew by 4.1% as seasonally adjusted series and by 4.3% as gross series in the third quarter this year, against the similar period in 2017, according to the signal figures released on Wednesday by the ...

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EC revises downwards Romania’s economic growth forecast to 3.6%. Fin Min Teodorovici disagrees. Budget rectification – this month

The European Commission has revised downwards the forecast regarding Romania’s economic growth in 2018, from 4.5% to 3.6%. For 2019, the EC expects 3.8% GDP growth, against the 3.9% growth announced in spring. For 2020 the Commission points to a ...

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Romania needs a new economic growth model based on innovation, EBRD official says

Romania needs a new economic growth model based on innovation and integration in the global values chain in order to accelerate its convergence, the regional director of the European Bank for Reconstruction and Development (EBRD), Matteo Patrone, said at a ...

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BNR: Economic growth in 2017, at the highest post-crisis pace

Board members of National Bank of Romania (BNR) note that the economic expansion had confirmed the expectations of a slowdown in 2017 Q4 – after having accelerated for four consecutive quarters, according to the minutes of the monetary policy meeting. ...

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