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Tag Archives: deficit

MADR: Agrifood trade deficit, three times higher in H1

Romania recorded in the first half of this year a deficit of almost EUR 664 million in the trade of agricultural products, three times higher than the level recorded in the same period of 2015, EUR 211.8 million respectively, according ...

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Romania continues to be an attractive location to invest: FDI, up by almost 19 pc after seven months

Non-residents’ direct investment (FDI) in Romania totalled EUR 2,339 million after the first seven months of the year, of which equity (including estimated net reinvestment of earnings) amounted to EUR 2,060 million and intercompany lending recorded a net value of ...

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0.2 pc budget deficit in the first seven months of the year

The consolidated general budget in seven months of 2016 ended with a deficit of RON 1.74 billion, or 0.2%, informs the Ministry of Finance. The consolidated general budget revenues, amounting to RON 129.6 billion, accounting for 17.1% of GDP, were ...

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Romania’s FDI, up by 15 pc at end-May

After the first five months of the year, non-residents’ direct investment (FDI) in Romania totalled EUR 1,117 million, up by 15 percent compared to the same period last year, National Bank of Romania (BNR) data show, a press release informs ...

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Deficit of 15,000 people in the Police system

There is a deficit of almost 15,000 people in the Police system in Romania, with over 5,000 employees of the Interior Ministry retiring since early this year. The Ministry’s representatives say that over 5,000 employees left the system by retirement ...

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Romania, in top five EU countries with the lowest public debt in 2015

In the euro area the government deficit to GDP ratio fell from 2.6 percent in 2014 to 2.1 percent in 2015, and in the EU28 from 3.0 percent to 2.4 percent, according to Eurostat, the statistical office of the European ...

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FDI down to EUR 354m in first two months, current account deficit up

Non-residents’ direct investment (FDI) in Romania (estimates) totalled EUR 354 million, of which equity (including estimated net reinvestment of earnings) amounted to EUR 400 million and intercompany lending recorded a net negative value of EUR 46 million, the National Bank ...

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Romania’s external debt at end-January falls to lowest level in 5 years

Romania’s external debt, which includes both state’s loans from abroad and debts of private entities, decreased in the first month of this year with EUR 1.2 billion, or 1.3 percent, compared with end-2015, up to EUR 89.7 billion, the minimum ...

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IMF warns: Hard won gains, at risk. Law on debt discharge jeopardizes property rights

Romania has made important progress in addressing economic imbalances and restoring growth, International Monetary Fund (IMF) representatives concluded on Monday at the end of the official staff visit in Bucharest started on March 2. However, macroeconomic policies have weakened recently ...

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