Tag Archives: GDP
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The Economist: Romania will record the highest economic growth in the EU in 2017

The Economist estimates that Romania’s economy will increase by 3.4% in 2017, the highest growth rate in Europe, mainly supported by consumption.

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Garanti Bank estimates an economic growth of Romania in 2015

Garanti Bank estimates the GDP growth of Romania in 2015 at the level of 2.5%, thanks to a recovery in the construction sector. As is apparent from the Macroeconomic Report of the Bank for the first quarter, Garanti Bank experts expect that this year the growth in the construction sector will amount 3.6%. Moreover, Garanti […]

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Romania revises up economic growth expectation

Romania’s National Prognosis Commission (CNP) has revised up its prognosis on Romania’s economic growth in 2015 to 3.3%. It also changed its prognosis for 2016 to 3.4%. The GDP will amount to EUR 158 billion in 2015 and to EUR 167 billion in 2016. For 2017, the National Prognosis Commission expects an economic growth of […]

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Romania changes the face: the rapid development of the country

From the old backward country Romania becomes one of the fastest growing European economies. The country fights more and better corruption at the highest levels. In a recent report issued at the beginning of the year the European Commission boasts Romania’s progress in the fight against the scourge of corruption. The officials write that the […]

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Romania’s economy grows by 4.3% in the first quarter

Romania’s gross domestic product (GDP) increased by 4.3% in the first quarter of 2015 compared to the same quarter of last year. The seasonally adjusted growth rate was 4.2%, according to data released by the National Statistics Institute (INS) on Wednesday, May 13. Important growth was also registered by Hungary (3.1 per cent), Slovakia (2.9 per […]

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