Warning: Invalid argument supplied for foreach() in /home/fericitul/romania-central.com/wp-content/themes/wpremix2/includes/header/header.php on line 44
23
January

What are the prospects for the economy of Romania 2010? Is it realistic for the Romanian economy to recover in 2010? First, Romania-Central will give a short resume of the last year and then present you an economic outlook for Romania 2010. Happy new Year 🙂 Please note that updated, detailed data is linked from […]

Category : Crisis Romania | Economic Forecast | Economic Outlook | economy | Economy of Romania | News

23
January

Romania: Unemployment and Employment

Category: News from Romania and about Romania

Employment and the unemployment rate in Romania is hard to understand if not related to the general employment structure and other labor market indicators such as the occupation and activity rate or the role of (short term) migration. Even during the hard recession of the nineties and their aftermath official unemployment rates in Romania were […]

Category : 2009 | 2010 | economy | Economy of Romania | Employment | Labor Market | News | Unemployment Rates

23
January

Romania: Inflation Rate and Consumer Prices

Category: News from Romania and about Romania

The inflation rate in Romania during the 1990ies and the first years of this decade is best to be described as a devastating hyperinflation. Inflation was mainly caused by the Romanian’s incapability to collect taxes (and, hence, financing their immense current spending with Seignorage) and a protective exchange rate regime. The still high inflation rate […]

Category : 2010 | economy | Economy of Romania | Inflation Rate | News

23
January

Romania: Average Salary and Real Wage Growth

Category: News from Romania and about Romania

Average salaries in Romania belong to the lowest of Europe and even the double digit growth rates experienced during the last years of economic boom did not raise them to an European average level. And: several years of double digit would be needed to achieve a convergence with Western European average salaries. A simple example […]

Category : 2010 | Economic Forecast | Economic Outlook | Employment | Growth | Labor Market | News

23
January

The GDP of Romania

Category: News from Romania and about Romania

The GDP of Romania (per Capita) is among the lowest of the EU, second only to Bulgaria. During the nineties Romania experienced two sharp recessions and recovered only after 2000. Since then, Romania recorded high GDP growth rates until 2008 showing the typical patterns of a catching up economy. After being hit by the financial […]

Category : Economic Forecast | Economic Outlook | economy | Economy of Romania | GDP Romania | Growth | News

18
March

Romania entering Recession due to the financial Crisis?

Category: News from Romania and about Romania

Not one year ago, growth prospects for the GDP in Romania were rather optimistic, several forecast institutions predicted GDP growth to be much above the EU-Average for 2009 and even onwards. With some delay, after the breakout of the fincial crisis GDP growth estimations for Romania were gradually downsized. Update Note: a Resume of 2009 […]

Category : 2009 | Crisis Romania | Economy of Romania | News

10
March

Public Debt of Romania and the Financial Crisis

Category: News from Romania and about Romania

When talking about the public debt and external debt of Romania we have to face a twofold truth. First: the public debt of Romania is rather low, by both interational and European standards. The same is true, second, for external debt. On the other hand, newspapers all over the world report currently that Romania is […]

Category : 2009 | Crisis Romania | Economy of Romania | News | Politics of Romania