trade deficit

The Governor of the National Bank of Romania, Mugur Isarescu (foto), has launched harsh allegations against the policy of encouraging consumption, which has unbalanced the economy and leads to financing jobs abroad, as imports increased faster than exports...

The transatlantic tour de force of Romanian diplomacy has been marked first by the political references, but Romania’s economic partnership with France and Germany gets new meanings, in view of the fact that the EU’s biggest powers except...

Romania scored at the end of the first quarter of 2017 not only the highest economic growth among the EU countries (5.7% gross and 5.6% adjusted by Eurostat to ensure the comparability with other states) but also the...

  * Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7% y-o-y, induces analysts’ worries about its unsustainability, which has already caused a deterioration...

The trade deficit for the first quarter of 2017 was EUR 2.32 billion, 18% higher than in the same period of the previous year, according to the INS data. Exports grew at a very good pace (+ 11.5%...

Trade exchanges with the EU countries amounted last year to about EUR 43 billion in exports (75% of total exports) and almost EUR 52 billion in imports (77% of total imports). In terms of non-EU trade, exports amounted...