Expats

Romania Will Lower Interest Rate for Third Time, Survey Shows [Feb 02, 2012] Romania?s central bank will probably reduce its benchmark interest rate by a quarter of a percentage point for a third consecutive meeting as policy makers see inflation slowing to a record. [via YahooNews] More >>

Romania inflation slows to 3.1 percent y/y in December [Jan 11, 2012] BUCHAREST: Romania's annual inflation slowed to 3.1 percent in December from November's 3.4 percent, beating market expectations and was within the central bank's target band for the first time since 2006, official data showed on Wednesday. [via YahooNews] More >>

Romanian inflation slows in November, trade gap narrows [Dec 12, 2011] BUCHAREST : Romania 's inflation slowed to an annual 3.4 percent in November from October's 3.6 percent, below market expectations and within the central bank's target range. [via YahooNews] More >>

Romania debt yield demand too high [Oct 23, 2011] BUCHAREST : Investors in Romanian treasuries are seeking yields that are too high given the country's improving economic fundamentals and falling inflation, a deputy finance minister said on Friday. [via YahooNews] More >>

Romanian inflation accelerates on higher food cost [Apr 12, 2011] Officials say that Romania's inflation continued to accelerate in March, to an annual 8 percent rate, led by higher food prices. [via YahooNews] More >>

Romanian inflation accelerates on higher food cost [Apr 11, 2011] Officials say that Romania's inflation continued to accelerate in March, to an annual 8 percent rate, led by higher food prices. [via YahooNews] More >>

Romanian inflation accelerates on higher food cost [Apr 11, 2011] (AP:BUCHAREST, Romania) Officials say that Romania's inflation continued to accelerate in March, to an annual 8 percent rate, led by higher food prices. [via YahooNews] More >>

Romanian Debt Yields to Remain Around 7% on Inflation, BRD Official Says [Feb 15, 2011] Romanian debt yields may remain around 7 percent as concern about inflation prevents a further decline in borrowing costs, BRD-Groupe Societe Generale SA Deputy Chief Executive Officer Claudiu Cercel said. [via YahooNews] More >>

Romanian Central Bank Keeps Benchmark Rate Unchanged at Record-Low 6.25% [Jan 05, 2011] Romania?s central bank kept its main interest rate unchanged for a fifth meeting as policy makers watch to see if a surge in inflation triggered by a tax increase will subside. [via YahooNews] More >>

Romanian Central Bank Leaves Benchmark Interest Rate at Record-Low 6.25% [Nov 02, 2010] Romania?s central bank kept its main interest rate unchanged for a fourth meeting as policy makers wait for a surge in inflation triggered by a value-added tax increase to ease before returning to the easing cycle. [via YahooNews] More >>

Romanian Central Bank Holds Benchmark Interest Rate Unchanged at 6.25% [Sep 29, 2010] Romania?s central bank left its main interest rate unchanged for a third straight meeting today as inflation triggered by a value-added tax increase prevented policy makers from acting to combat the lingering recession. [via YahooNews] More >>

Romanian August Inflation Quickens to Fastest in 2 Years on VAT Increase [Sep 10, 2010] Romanian inflation accelerated in August to the fastest pace in two years after the government increased the value-added tax last month to meet International Monetary Fund-mandated bailout targets. [via YahooNews] More >>

Romania May Abandon Yield Cap as Investors Balk as ?Illusion? [Aug 30, 2010] Romania may be forced to abandon its cap on borrowing costs as inflation accelerates and investors shun longer-term debt. [via YahooNews] More >>

Romania Fails to Sell Five-Year Government Debt for Third Time Since July [Aug 19, 2010] Romania failed to sell five-year government bonds for the third time since July 1 as investors push for higher yields because of concern that tax increases will accelerate inflation. [via YahooNews] More >>

Romania Inflation Surges On VAT Rise [Aug 11, 2010] Romania's consumer price measure of inflation surged ahead in July after the government raised the value added tax to 24%, official data showed on Wednesday. [via YahooNews] More >>

Romanian Inflation Accelerates to Fastest Pace in Two Years on VAT Rise [Aug 11, 2010] Romanian inflation accelerated in July to the fastest pace in almost two years after the government increased the value-added tax by 5 percentage points to meet international bailout conditions. [via YahooNews] More >>

Romania Central Bank's Isarescu Raises Year-End Inflation Estimate to 7.8% [Aug 06, 2010] Romanias central bank raised its inflation forecast for 2010 and 2011 after an increase in the value-added tax to meet international bailout conditions boosted prices. [via YahooNews] More >>

Romanian Central Bank Holds Key Interest Rate for Second Time on Inflation [Aug 04, 2010] Romanias central bank left the main interest rate unchanged for the second meeting in a row as policy makers assess the impact of an increase in value-added tax on inflation. [via YahooNews] More >>

Northern Bulgaria Hits Jackpot with Flocking Romanian Shoppers [Jul 05, 2010] Thousands of Romanian shoppers are invading the border towns in Northern Bulgaria and their numbers keep increasing because of the inflation in their country. [via YahooNews] More >>

Romanian Central Bank Leaves Benchmark Interest Rate Unchanged at 6.25% [Jun 30, 2010] Romanias central bank left its main interest rate unchanged to keep inflation in check after the government increased the countrys value-added tax by 5 percentage points. [via YahooNews] More >>