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11:15, 08.03.2024

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

The National Institute of Statistics (INS) has revised economic growth in 2023 upwards to 2.1% and downwards to -0.5% for Q4, 2023, according to provisional data published on Friday. Thus, the Gross Domestic Product…




10:30, 18.01.2024

Culture minister: I have proposed that at least in museums and libraries we attempt a salary increase

Culture minister: I have proposed that at least in museums and libraries we attempt a salary increase

Culture Minister Raluca Turcan told AGERPRES in an interview that culture has been chronically underfinanced and that salary inequalities between entertainment institutions and museums or libraries must be removed,…




10:10, 12.01.2024

Scheduled events for Jan 12, 2024

Scheduled events for Jan 12, 2024

Scheduled events for Jan 12, 2024POLITICS: - Event to support the State of Israel, organized by the Embassy of Israel in Bucharest; messages sent by the Bucharest general mayor and Israeli ambassador ECONOMY: -…




19:26, 28.12.2023

President Iohannis promulgates law on the financial ceilings for the 2024 fiscal-budgetary year

President Klaus Iohannis on Thursday promulgated the law that provides for the ceilings in the fiscal-budget framework for the year 2024.Thus, the ceiling of the general consolidated budget balance, expressed as…




15:40, 07.10.2023

Romania's gov't debt widens to 49pct of GDP in July 2023

Romania's public administration debt (government debt) widened in July 2023 to RON 733.87 billion from RON 724.76 billion in the previous month, according to data published by the Ministry of Finance, Agerpres…




12:10, 29.09.2023

Microsoft's Putinica: IT industry can contribute 7-8% of Romania's GDP, in spite of latest developments

Nearly 220,000 programmers are currently working in the Romanian IT industry, and they can contribute about 8% of the Gross Domestic Product (GDP) through innovation, if things go well this year, despite the latest…




11:05, 27.09.2023

EBBRD downgrades estimates of Romanian economy in 2023, 2024

EBBRD downgrades estimates of Romanian economy in 2023, 2024The European Bank for Reconstruction and Development (EBRD) has downgraded its estimates of the Romanian economy in 2023 and 2024, according to a report…




19:30, 20.09.2023

Iohannis: Since 1990, Romania has reduced greenhouse gas emissions by more than two thirds

Iohannis: Since 1990, Romania has reduced greenhouse gas emissions by more than two thirdsRomania has reduced its greenhouse gas emissions by over two thirds since 1990, while multiplying its Gross Domestic Product…




11:10, 16.08.2023

GDP grows 0.9pct in Q2, 1.7pct in H1

GDP grows 0.9pct in Q2, 1.7pct in H1Romania's Gross Domestic Product (GDP) grew 0.9% in the second quarter of 2023, compared to the previous quarter, and in the first half of the year it increased 1.7% compared…




13:20, 07.07.2023

Q1 economic growth revised upwards to 0.2pct

The National Institute of Statistics (INS) has revised upwards the economic growth in the first quarter of this year, to 0.2%, from 0.1% as previously estimated, and compared to the same quarter of 2022, the Gross…




12:15, 13.06.2023

Bucharest accounts for almost quarter of Romania's GDP, with unemployment rate of only 1 pct

The unemployment rate in Bucharest is only 1 percent, and 24.7 percent of Romania's Gross Domestic Product (GDP) is concentrated here, Iuliu Stocklosa, president of the Bucharest Chamber of Commerce and Industry…




11:45, 08.06.2023

INS affirms Romania's economic growth at 0.1pct in Q1 2023

INS affirms Romania's economic growth at 0.1pct in Q1 2023. Romania posted a 2.3% economic growth in Q1 2023 unadjusted and 2.8% when seasonally adjusted, both y-o-y, but, compared to the previous quarter, the…




19:11, 17.05.2023

Minister Budai: Romania could eliminate ceiling of 9.4 of GDP for pensions after reform

Minister Budai: Romania could eliminate ceiling of 9.4 of GDP for pensions after reform.Romania could eliminate the ceiling of 9.4pct of the Gross Domestic Product (GDP) for pensions, "following a correct reform…




09:56, 16.05.2023

Romania's economy grows slightly by 0.1 pct in Q1 2023

Romania's economy grew slightly, by 0.1%, in the first quarter of this year, compared to the previous three months, while compared to the same period last year, GDP growth was 2.3% as unadjusted series, and 2.8%…




15:35, 21.04.2023

Support for technocratic ministry of entrepreneurship, tourism

Romania's National Association of Travel Agencies (ANAT) supports keeping up the Ministry of Entrepreneurship and Tourism even after the next ministerial rotation, but with specialists in the area at the helm in…




17:55, 21.03.2023

Senators discuss holiday vouchers for private employees to amount to RON 6 B

The leader of the PSD (Social Democratic Party) group in the Senate, Radu Oprea, stated on Tuesday that the bill to grant holiday vouchers to the 4.2 million employees in the private sector would have a budgetary…




20:25, 08.02.2023

DefMin Tilvar: Allocation of 2.5pct of GDP allows us to strengthen national forces structure

The allocation of 2.5pct of the Gross Domestic Product (GDP) allows the strengthening of the national structure of forces in the Defence area, National Defence Minister Angel Tilvar stated on Wednesday, at the…




00:06, 31.01.2023

Budget deficit for 2022 stands at 5.68% of GDP, below authorities' target

The implementation of the general consolidated budget for 2022 ended with a deficit of 81.01 billion RON, respectively 5.68% of the Gross Domestic Product (GDP), below the target of 5.74% of GDP established in…




14:06, 26.01.2023

PM Ciuca: Romania's Gross Domestic Product, up by 49 billion euros in 2022, compared to 2021

Prime Minister Nicolae Ciuca announced on Thursday that, according to data from the National Commission for Strategy and Prognosis, the Gross Domestic Product increased by 49 billion euros in 2022 compared to 2021,…




10:10, 12.01.2023

GDP growth in Q3 2022, revised down slightly, to 1.2%

The National Institute of Statistics (INS) revised slightly down, to 1.2%, the growth of the Gross Domestic Product in the third quarter of last year, compared to the previous three months. Fii la curent cu cele…




10:15, 21.12.2022

Romania's economy up 5.8pct in 2021 against 2020

The estimated Gross Domestic Product (GDP) for 2021, semi-final data, was 1,187.402 billion lei current prices, increasing, in real terms, by 5.8pct compared to 2020, according to the National Institute of Statistics…




17:06, 12.12.2022

Salvati Copiii: Romania needs significant and urgent investments in education

Romania needs considerable and urgent investments in education, the percentage of 6% of the Gross Domestic Product being, in the opinion of the Salvati Copiii (Save the Children) Organization, "the only reasonable…




11:10, 07.12.2022

Romania's economy up 5pct as unadjusted series and 4.3pct as seasonally adjusted series, in first nine months

Romania's economy increased in the first nine months of 2022 by 5.0pct as unadjusted series, and by 4.3pct as seasonally adjusted series against the similar period of 2021, while in Q3, the Gross Domestic Product…




11:35, 21.10.2022

Expenditures for environmental protection worth 1.4% of GDP in Romania in 2021

The expenses for the protection of the environment at the national level represented, in 2021, approximately 1.4% of the Gross Domestic Product (GDP), at a value of approximately 16.9 billion RON, according to…




11:16, 12.10.2022

Romania's economy drops by 3.7pct in 2020 compared to 2019

Romania's Gross Domestic Product (GDP) estimated for 2020, final data, stood at 1,066.780 billion lei current prices, declining, in real terms, by 3.7pct compared to 2019, according to the National Institute of…




11:01, 12.10.2022

Statistical Office brings down economic growth estimate to 5.1pct in Q2 and 5.7 in H1

In the second quarter of the current year, the Gross Domestic Product saw an increase of 5.1pct, gross series, and 5.0pct, seasonally adjusted series, compared to the same quarter of 2021, according to the second…




17:46, 26.09.2022

Budget deficit up to 2.4 pct of GDP, after first eight months

The general consolidated budget deficit increased to 2.4% of the Gross Domestic Product after the first eight months of this year, from 1.94% of the GDP in the first seven months, according to the data published…




15:20, 20.09.2022

Gov't debt slightly up in July, to 48.8pct of GDP

Public administration debt (government debt) rose slightly in July this year, to 48.8% of the Gross Domestic Product, from 48.3% of the GDP in the previous month, according to the data with the Finance Ministry,…




11:11, 13.09.2022

The Romanian state owns 216 companies

The Romanian state owns 216 companies, which together have 83 thousand employees and which generate approximately 7% of the Gross Domestic Product - says the state secretary in the Ministry of Finance, Mihai Calin…




17:21, 25.08.2022

Budget deficit, up to 1.94pct of GDP 7 months into 2022, down against similar period of 2021

The general consolidated budget deficit increased to 1.94% of the Gross Domestic Product (GDP) after the first seven months of this year, from 1.71% of the GDP in the first semester of 2022, according to the data…