News tagged "economic recovery"
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Romanian Central Bank Unexpectedly Reduces Benchmark Interest Rate to 6%
Romania?s central bank unexpectedly cut its main interest rate by 0.25 percentage points for the first time in 19 months to help an economic recovery during the euro area?s sovereign-debt crisis.
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Romanian Economy Slows in Second Quarter as Euro Debt Crisis Damps Demand
Romania?s economic recovery slowed in the second quarter as Europe?s debt crisis damped western demand for its manufactured products.
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Head of Romanian national airline Tarom resigns
(AP:BUCHAREST, Romania) The government says the general manager of Romania's national airline has resigned after the International Monetary Fund put it on a list of companies holding back the country's economic recovery.
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Van Rompuy, impressed with Romania Schengen efforts
The European Council president also voiced appreciation for Bucharest?s measures to help economic recovery and implementation of EU, IMF joint programme.
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Romanian Central Banker Popa Sees `L-Shaped' Recovery on Austerity Program
Romanias deputy central bank governor, Cristian Popa, said he sees a L-shaped economic recovery because of the governments austerity measures.
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(AFX UK Focus) 2010-06-22 08:05 Romania govt may introduce bank tax - report
BUCHAREST, June 22 (Reuters) - Romania's centrist coalition government may introduce a banking sector tax as part of measures to pull the economy out of recession, Environment Minister Laszlo Borbely was quoted as saying on Tuesday. "We have decided that next week the government will meet central bank representatives to discuss measures for economic recovery that we are considering proposing ...
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(AFX UK Focus) 2010-03-29 10:01 UPDATE 1-Romania cuts rates by half-point to record low (Interactive Investor)
BUCHAREST, March 29 (Reuters) - Romania's central bank cut its benchmark interest rate by 50 basis points to a record low of 6.5 percent on Monday, in line with forecasts and lending a helping hand to a sluggish economic recovery. Recent data show Romania's economy might still be in recession in the first quarter and inflation resumed its downward trend in February, signalling more room to ease ...
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Romania Lowers Benchmark Interest Rate to Record Low of 6.5% (Bloomberg)
March 29 (Bloomberg) -- Romania?s central bank cut its benchmark interest rate for the third time this year to the lowest level on record to spur economic recovery.
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Romania Industrial Production Grew for a Third Month in January (Bloomberg)
March 12 (Bloomberg) -- Romanian industrial output rose for a third month in January as demand in western Europe increased, bolstering government predictions that industry will lead an economic recovery this year.
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