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Romania Economy News. Service for global professionals. Constantly updated news and information about Romania.
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Latest Romania Economy News

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  • Germany: Twenty years since the fall of the Wall 15 Nov 2009 07:53 GMT
    ... until its very end, it had no unemployment, no homelessness, free medical care, child care, ... and beyond — the Czech Republic, Poland, Romania. Their army and navy, built by war ...

  • The death of the ANC 15 Nov 2009 19:53 GMT
    ... the viability of their setting up another sub-Romania or North Korea in SA? When the ... outcome will be diminishing work opportunities, growing unemployment, greater poverty, and a spreading desperation that ...

  • Russia's Putin wins approval for gas pipeline to EU 15 Nov 2009 03:32 GMT
    ... Minister Sergei Shmatko (bottom R) and Slovenia's Economy Minister Matej Lahovnik (bottom L) sign a deal ... to an Austrian gas hub via Bulgaria, Romania, Turkey and Hungary. (Writing by Guy Faulconbridge, ...

  • Romanian president steps up attacks ahead of poll 14 Nov 2009 19:56 GMT
    ... said, before mentioning his efforts to have Romania admitted to He promised "vigorous measures" to ... in the grip of severe recession. The economy is expected to contract eight percent in 2009. ...

  • Regressive girl talk, comic sisterly rivalry and the birth of the bra 14 Nov 2009 02:12 GMT
    ... the world, and the fear of long-term unemployment,” she said. Tubridy told her, “You're a ... 4, Monday). Sian Thomas was Gilda, a Romanian-Jewish septuagenarian whose husband died. Her daughters were ...

  • Finance Minister: Bulgaria to Start to Exit Crisis after 2010 Q1 14 Nov 2009 05:13 GMT
    ... to Exit Crisis after 2010 Q1 Bulgaria’s economy will continue to contract in the second half ... preceded only by Estoania, Lithuania, Latvia and Romania. The only country, which has started to ...

  • Tearing down the Iron Curtain - Europe remembers 14 Nov 2009 04:39 GMT
    ... rights, as well as a functioning market economy. Since then, 10 former communist countries have met ... Slovenia all became EU members. In 2007, Romania and Bulgaria also joined. EU citizens now ...

  • INSTANT VIEW 4-Romania industry up on month, trade gap shrinks 9 Nov 2009 09:19 GMT
    ... is too early to say that the economy is showing signs of recovery.' 'Anyway, the ... for an easing in the economic decline. Romania will overcome the crisis after an economic ... line with expectations as it is the GDP branch which we trust will pull up ...

  • INSTANT VIEW 3-Romania industry up on month, trade gap shrinks 9 Nov 2009 09:03 GMT
    ... line with expectations as it is the GDP branch which we trust will pull up the economy and will contribute to the economic growth ... there are great chances that output in Romania will continue to grow. We expect Romania's ...

  • INSTANT VIEW 3-Romanian Q3 GDP contracts 7.1 pct y/y 13 Nov 2009 09:07 GMT
    ... BUCHAREST, Nov 13 (Reuters) - Romania's economy shrank by a much-less-than-expected 7.1 percent on ... little changed from levels before the data. GDP (pct change) Q3 Q3 fcst Q2 ROZALIA ...

  • INSTANT VIEW 2-Romania industry up on month, trade gap shrinks 9 Nov 2009 09:03 GMT
    ... there are great chances that output in Romania will continue to grow. We expect Romania's ... are start to improve, as the Romanian economy is doing a little better.' 'It is ... output will have a positive contribution to GDP ... and GDP figures will be positive ...

  • UPDATE 1-Romania industry, trade point to mild 2010 growth 9 Nov 2009 11:35 GMT
    ... BUCHAREST, Nov 9 (Reuters) - Romania's industrial output showed its best annual result ... in 2010. 'Industrial production is ... the GDP branch which we trust will pull up the economy and will contribute to economic growth being ...

  • Romania rates not exaggerated given image-cenbanker 10 Nov 2009 21:34 GMT
    ... BUCHAREST, Nov 10 (Reuters) - Romania's benchmark interest rate of 8 percent is ... is high, but not exaggerated considering the inflation rate and investors' higher perception of risk, ... for stability and confidence that the Romanian economy needs at the moment.' ((Reporting by Luiza ...

  • INSTANT VIEW 3-Romanian inflation slows to 4.3 pct y/y in Oct 11 Nov 2009 09:02 GMT
    ... BUCHAREST, Nov 11 (Reuters) - Romania's annual inflation slowed to 4.3 percent in October from September's 4.9 percent, in line with market expectations, ...

  • UPDATE 1-Romania current account gap dives 75 pct y/y 11 Nov 2009 10:19 GMT
    ... BUCHAREST, Nov 11 (Reuters) - Romania's current account deficit shrank 74.6 percent year-on-year ... also, denoting deeper contraction of the Romanian economy,' said Melania Hancila of Volksbank in Bucharest. ... up to 8 percent this year. Third-quarter GDP data ar due on Friday. The leu ...


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Quote of the Day

"You either know how to communicate or you don't; you are either credible or not. You are either alive, or a fossil; you either know the language of the Internet or you don't, in which case you can't communicate. "
— French Bishop Jean-Michel di Falco Leandri at the Vatican symposium where Catholic bishops are getting a lesson on the Internet from Facebook, Wikipedia and Google executives

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Markets

Exchange Rates: Romanian Leu
USD 1 = ROL 28855.2420
EUR 1 = ROL 43002.1015

Country Info About Romania

Visit the World Factbook for detailed information about Romania.
 

This Day in History

Nov. 15

NATO and the Warsaw Pact agreed, in principle, on a treaty drastically slashing their stocks of conventional weapons. This was the first treaty to cover conventional arms since World War Two.
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