Romania Central Bank Cuts Key Rate By 25 BPs To 5.75%
Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery
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Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery
Romanian consumer prices inched up 0.23% on the month in December, on higher prices all across, but the annual inflation eased for the second straight month to 3.14%, a new record low
Romania’s industrial production rose 3.3% on the year in November, the fourth biggest increase in the European Union, official data showed Thursday.
Romanian industrial new orders rose 6.3% in November 2011 from the previous month, the third largest growth in the European Union, official data showed Tuesday.
Romanian industrial new orders rose 14.5% in September from the year-earlier month, the fifth largest growth in the European Union, official data showed Wednesday.
Romanian central bank doesn’t see the year 2015 as a fixed deadline for the euro adoption, because the date might change, depending on the country’s ability to fulfill the required
Romania’s annual inflation rate could ease below the central bank’s latest forecast of 3.3% in December, owing to a steady exchange rate of the leu, central bank governor Mugur Isarescu
Romania’s industrial production rose 4.8% on the year in October, the sixth biggest increase in the European Union, official data showed Wednesday.
Total hourly labor costs in the Romanian economy rose 7.9% on the year in July through September, the second-biggest increase in the European Union, official data showed Friday.
Romania will increase subsidies for poultry breeders by 41.3 million lei (EUR9.51 million) to RON430 million in 2012, according to a draft Government decision.