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Today’s edition of The digital replica of the printed Nine O’Clock newspaper – No.7737 dated Thursday, 16 November 2023

November 16, 2023

Today’s edition of The digital replica of the printed Nine O’Clock newspaper – No.7737 dated Thursday, 16 November 2023 News Newspaper awarded 30 Education Ambassadors at the News Newspaper Gala – Charity for Education 2023 President Iohannis pays visit to Nairobi National Park, meets Kenya’s Minister of Wildlife Swedish ambassador:...

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Romanian president, PM shocked by attack on Slovakia’s prime minister

Romania's president Klaus Iohannis and prime minister Marcel Ciolacu reacted to the attack on Slovakia's PM Robert Fico, who was shot several times on Wednesday, May 15. The Romanian officials condemned the incident and said they were shocked by the news.  "Appalled to learn about the shooting of the Slovak prime minister Robert Fico. I […]

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Romania’s average net wage up real 6.5% y/y to EUR 1,000 in Q1

The average net wage in Romania increased by 14.1% y/y to RON 4,973 (EUR 1,000) in Q1, after the earnings in March surprisingly exceeded those in December – seasonally boosted by yearend bonuses, according to data published by the statistics office INS. The higher net wages in March were in the tobacco processing industry (RON […]

Romania's GDP slows to tiny 0.1% y/y growth in Q1 – flash estimate

Romania's seasonally (and workday) adjusted  GDP rose by 0.5% q/q in Q1, reversing the 0.6% q/q decline in Q4 and bringing the index close to the level in Q3 last year – according to flash estimates published by the statistics office INS.  The flash q/q estimate is roughly half of the expectations expressed...

EBRD says Romania's monetary easing will likely be more modest than in the region in 2024

Along with the consensus scenario of strong fiscal stimulus and robust domestic demand, the European Bank for Reconstruction and Development (EBRD) projects strong economic growth of 3.2% this year and 3.4% in 2025 for Romania, under the latest Regional Economic Prospects report published on May 15. The main vulnerability remains the fiscal position, the EBRD […]