Expats

Romania falls back into recession [May 15, 2012] BUCHAREST: Romania has fallen back into recession, official data showed Tuesday, with its gross domestic product shrinking by 0.1 percent in the first quarter, the second quarterly decrease in a row. [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] The Associated Press The Associated Press BUCHAREST, Romania Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. The National Statistics Institute in Bucharest published the figure Friday. It follows 0.1 percent growth in the fourth ... [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. [via YahooNews] More >>

Romania Plans to Sell Euro Debt in First Quarter in International Push [Dec 20, 2010] Romania plans to sell euro- denominated bonds in the first quarter, as part of three-year notes program worth 7 billion euros ($9.2 billion), Deputy Finance Minister Bogdan Dragoi said. [via YahooNews] More >>

Gazprom Prepares Romania's South Stream Accession in 2011 [Oct 13, 2010] "If the results of the assessment are positive, Gazprom and Transgas will suggest signing a Russian-Romanian intergovernmental agreement on cooperation in the South Stream project in the first quarter of 2011. The agreement will be the political, international and legal basis for further development of the project in Romania ," the statement said as cited by RIA Novosti. [via YahooNews] More >>

Romanian Central Banker Sees Positive First-Quarter GDP Growth (Bloomberg) [Mar 31, 2010] March 31 (Bloomberg) -- Romanian central bank Vice Governor Cristian Popa said he sees positive ecomonic growth in the first quarter. Popa, speaking to reporters while attending a conference in Bucharest, said there have been signs of a recovery in exports and industry. [via YahooNews] More >>

(AFX UK Focus) 2010-03-29 10:01 UPDATE 1-Romania cuts rates by half-point to record low (Interactive Investor) [Mar 29, 2010] 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 ... [via YahooNews] More >>