After the devastation caused by the earthquake and tsunami in March, Japan’s economy, known as the world’s third largest, has slid back into recession. The gross domestic product shrank 0.9 pc in the … [Read more...]
The Highest Standard Of Living Found In Bucharest. The Lowest, In Vaslui
May 20, 2011 By Leave a Comment
A survey put together by “Saptamana Financiara” shows Bucharesters having the largest amount of salary money after subtracting minimum food basket costs, followed by the residents of Ilfov and Cluj. … [Read more...]
Duster Brings The Desired Economic Growth
May 18, 2011 By Leave a Comment
The 40% increase in exports and exports were boosted by the Duster, which determined the 1.6% GDP hike in Q1. The GDP grew by 500% in the first quarter. According to an analysis, the Duster was what eventually … [Read more...]
Romania’s GDP Estimates This Year Improved By Oxford Economics To 1.2%
May 5, 2011 By Leave a Comment
This year, Romania’s gross domestic product (GDP) growth estimate for 2011 has been modified by analysts of the British institute Oxford Economics from 0.1 % to 1.2 %. The change is due to optimistic … [Read more...]
Eurostat Is Reservations About Romania’s Declared Public Debt And Budget Deficit
April 28, 2011 By Leave a Comment
The European Institute of Statistics (Eurostat) declared it has reservations regarding the declared public budget deficit and governmental debts that Romania has officially announced. Specialists suspect … [Read more...]
OECD: Japan’s GDP Growth At 0.8% This Year
April 26, 2011 By Leave a Comment
The Organization for Economic Cooperation and Development said that, because of the earthquake and tsunami that devastated parts of the country, growth in Japan’s gross domestic product (GDP) will slow … [Read more...]
FIC Top 5 Investments
April 15, 2011 By Leave a Comment
The Foreign Investors Council organized yesterday a seminar where Anca Boagiu, Minister of Transport and Infrastructure, stated that her institution has saved a total of EUR 600 M in its infrastructure … [Read more...]
Fiscal Council: Romanian Economy Not Completely Recovered
April 8, 2011 By Leave a Comment
The parliament-appointed Fiscal Council said Thursday that the Romanian economy has stabilized, but the country is yet to emerge from its worst recession in over a decade. Ionut Dumitru, president of the … [Read more...]
Romania To Simplify Tax System
April 5, 2011 By Leave a Comment
Romania is in need of technical assistance from the International Monetary Fund and the World Bank in order to simplify its tax system. The Romanian authorities wrote in the letter of intent to the IMF … [Read more...]
Romania Economy Sees Gradual Recovery
March 31, 2011 By Leave a Comment
In 2008, the Romanian economy entered recession as a result of the global economic crisis after several years of rapid growth. Most of the economies in Central and Eastern Europe (CEE) showed initial signs … [Read more...]
