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Global Directory
23 Aug

Romania ranks 48th in Global Innovation Index 2016

Switzerland is the most innovative economy worldwide for the sixth consecutive year, while Romania climbed six positions compared with last year, being ranked 48th out of 128 states included in the Global Innovation Index, according [...]

21 Jun

IMF: Minimum wage increases faster than productivity in Romania

The minimum wage increased in Romania faster than labor productivity, which affects the local companies’ competitiveness, discourages investments, and curves the employees’ desire to improve, according to the International Monetary Fund – IMF’s resident representative [...]

14 Jun

Romania posts highest economic growth in the EU

In the first quarter of 2015, Romania’s economy increased by 4.2%. During the same period, only Sweden had a similar growth rate, while Slovakia’s economy raised by 3.7% and Spain posted a 3.4% increase. With [...]

19 May

Romanian economy could go up by 4.2% in 2016!

Romania’s economy could increase by 4.2% this year and 4.3% in 2017, according to the Convergence Program 2016 approved by the country’s Government. The budget deficit could grow to 2.95% of the GDP this year, and [...]

16 May

Romania - The greatest economic growth in the EU

With a GDP growth of 4.2% in the first quarter of this year compared to the same period of last year, Romania registered the highest annual economic growth in the 28 European Union member States, [...]

10 May

How the economy changed in 9 years of EU membership

Romania's GDP grew by 26%, from 126 billion euro in 2007, the year of Romania's accession to the European Union, to 160 billion euro last year. Provisional data show that in 2015 Romania's GDP grew by [...]