The sharp rise in the prices of some food items and the energy price contributed to the inflationary pressure, and inflation is likely to speed up further going into 2018.
New laws will extend government control over the judiciary, sparking protests within Romania and criticism from the European Commission.
Rising wages have boosted consumption recently, pushing exports up to their highest level in several decades.
Protests against plans to extend government control over the judiciary gather momentum in Romania as opposition leaders including former prime minister Dacian Ciolos join the crowds on Victory Square.
Russia has clawed its way back from its weak position after the end of the Cold War to make firm friends across Southeast Europe even in countries that are firmly in the Western camp.
Reinstatement of the monarchy an even more distant prospect after the death of popular King Mihai, who took Romania out of its wartime alliance with Nazi Germany.
Drivers behind the recent outstanding growth - household consumption and this year's bumper harvest - are likely to ease next year, making the government's expectations of 5.5% GDP growth in 2018 look very optimistic.
30% stake sold to Vitruvian Partners in deal that values Bucharest-based Bitdefender at over $600mn.
Radical departure from previous expansionary policy is likely to spark more protests as public sector workers lose out on pay rises and benefits.
Turkey is an emerging geothermal superstar and countries across Eastern Europe are increasingly harnessing underground energy to provide cheap and eco-friendly local heating and energy.
€28mn worth of assets frozen as prosecutors probe PSD leader Liviu Dragnea in connection to money siphoned off from EU-funded road rehabilitation projects.
Banks have posted robust profits for the last three years, and balance sheets have improved as banks gradually settle their bad loan issues.
Conspiracy theory — apparently referring to Romania’s anti-corruption agency — divides party, with influential PSD MEPs accusing party leader Liviu Dragnea of losing touch with reality and battling an imaginary enemy.
Rise in FDI was driven by inter-company lending, while "genuine" FDI by new investors was smaller.
Reform momentum lost in Romania, where efforts to undermine the anti-corruption fight have sparked mass protests, while reforms in Bulgaria lack transparency, says the latest CVM report.
Economy expanded by 8.8% y/y in Q3, most likely driven by the services sector fuelled by the robust domestic demand for consumption.
Romanian leu falls close to 4.65 to the euro and a further weakening is expected this year unless there is a strong inflow of transfers from the European Union budget.
Probe launched as the government attempts to increase control over the judiciary, sparking a new wave of mass protests.