Archive » March 2010 » 15 March 2010 The english news from 15 March 2010

  • Average two-month inflation rate at 0.9 pct

    The average inflation rate over the first two months of the current year stood at 0.9 percent, compared to 1.1 percent in the same period of 2009, shows data centralized by the National Statistics Institute (INS)…

  • IMF chief expected in Bucharest on March 30

    International Monetary Fund managing director Dominique Strauss-Kahn is expected on a short visit to Bucharest on March 30; this is the second visit to Romania by a head of the international financial institution, after Michel Camdessus in 1994. The date could be changed at the last minute because of the IMF leader's busy agenda…

  • Trade deficit drops 38.4 pct in January

    The FOB-CIF trade deficit stood at 1.783 billion lei in January this year (426.8 million euros), less by about 1.104 billion lei (265.8 million euros) compared with January 2009, according to data centralized by the National Institute of Statistics (INS). The trade deficit dropped 38.38 percent in euros and 38.24 percent in lei, compared with January 2009…

  • Statistics: Volume of construction works, down 64 pct in January against December 2009

    The volume of construction works (as gross series) dropped by 64.5 percent in January 2010 against December 2009, while the decrease stood at only 6 percent as adjusted series by the number of working days and seasonality, informs a release submitted by the National Statistics Institute (INS) to Agerpres on Friday…

  • Fitch Ratings awarded BB+ to Romania's Eurobonds issue

    Fitch Ratings awarded BB+ to the Eurobonds issue that expires every five years, worth of one billion euros. It was launched on Thursday evening, March 11, by the Romanian state, a financial evaluation agency report shows. This rating is similar to that Romania received for long term foreign currency debt…

  • Romania's current account deficit dropped 73.2% in January. Sums sent by overseas Romanians went up

    Romania's current account of the payments balance dropped by 73.2% in January against the same time last year, amounting to 123 billion euros, according to Romania's National Bank (BNR) data. The current account deficit was 459 in January 2009…

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