Tag Archives: eurostat
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Romania, among countries with highest economic growth in EU

Malta, the Czech Republic and Romania recorded the highest economic growth rates in the European Union in the second quarter of the year compared to the same period in 2014. Malta’s economy grew by 4.8%, the Czech Republic posted an economic growth of 4.4%, whereas Romania’s economy went up by 3.7%, according to EU’s statistical […]

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Government supports VAT rate cut to 19% this year

Prime Minister Victor Ponta announced on June 21that the Government will support the general VAT rate cut from 24% to 19%, and not to 20% like previously announced. The cut should be applied before January 1, 2016. He also said that the drug prices will go down by 20% starting July 1. Moreover, Romania registers second […]

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Romania ranks 5th in EU for industrial production growth

Romania’s industrial production increased by 0.1% in April compared to the previous month. The industrial production in the EU and the eurozone recorded a similar growth, according to the EU’s statistical office Eurostat. Lithuania’s industrial production saw the biggest increase in the EU – 3.4%. Romania’s industrial production rose by 4.3% in April year-on-year, recording […]

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Romania records the highest economic growth in the EU

Romania recorded the highest economic growth in the European Union in the third quarter of this year compared to the previous three months, according to estimates from the statistical office of the European Union (Eurostat). With a 1.8% quarterly growth, Romania is a leader in the EU, followed by Poland (0.9%), the UK, Slovenia and […]

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Retail trade in Romania up by 5.8% in October

Retail trade in Romania went up by 5.8% in October compared to the same period in 2013, and it posted the fourth largest increase recorded by a member state of the European Union, according to data from the Statistical Office of the European Union (Eurostat), cited by local Capital.ro. In the euro zone, retail trade […]

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