Romania

Romania’s industry contracts for the first time in 10 years

bne IntelliNews August 15, 2019

Romania’s industrial production plunged by 6.6% y/y in June, dragging down the quarter’s performance to negative 1.7% y/y as the production of traditionally robust industrial sectors disappointed.

CEE economies are weakening but domestic demand offsets Eurozone slowdown

Ben Aris in Berlin August 14, 2019

GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.

Romania’s GDP maintains robust 4.4% y/y growth in Q2

Iulian Ernst in Bucharest August 14, 2019

The figures confirm the improvement in the industrial and construction sectors in Q2, compared to their more sluggish performances in Q1, when growth was driven by private consumption.

COMMENT: Romania's inflation above 4% again

ING August 13, 2019

At 4.1% y/y, Romania's July inflation will probably be the highest print for the year, ING analysts write.

Serbia the latest country to report African swine fever as global epidemic spreads in Eastern Europe

Clare Nuttall in Glasgow August 13, 2019

Serbia became the latest country to see its pigs fall victim to African swine fever (ASF) on August 12, when the Paris-based World Organisation for Animal Health (OIE) announced four outbreaks in the Balkan country.

Romania’s trade gap narrows by 13% y/y in Q2

bne IntelliNews August 12, 2019

Import growth slows despite continuing strong rise in household incomes.

CEE monthly bond wrap: Summer doldrums afflict Russian bond issue, but CE raises large amounts

Ben Aris in Berlin August 5, 2019

The emerging markets (EM) bond markets are well into their summer slowdown. There were virtually no bond issues from Russia at all in July but Central Europe saw $6.4bn of issues

Romania’s ruling coalition at risk ahead of presidential election

bne IntelliNews July 25, 2019

The ruling PSD and its junior partner ALDE are fielding rival candidates and things are already getting acrimonious.

PwC says Romania’s media and entertainment market to hit $3bn in 2019

bne IntelliNews July 25, 2019

Adoption of personalisation and digitisation technologies to lead to aggressive competition and a wave of investment in innovation.

Romania's public health system jammed for three weeks by IT malfunction

Iulian Ernst in Bucharest July 23, 2019

Health Minister Sorina Pintea claims national health insurance house CNAS has "blocked the system" with excessive bureaucracy, and called for anti-corruption prosecutors to investigate.

Romania’s government disputes Eurostat's 4.5%-of-GDP Q1 budget deficit figure

Iulian Ernst in Bucharest July 22, 2019

Eurostat says Romania's budget deficit in the first half of this year was the highest across the EU, but the Romanian government says the figure will be lower for the full year.

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