Data with the National Institute of Statistics (INS) suggesting that Romania’s economic growth sped up significantly in Q3 2018, having advanced 1.9pct compared with Q2 2018, indicate that the measures taken by the government are correct, Prime Minister Viorica Dancila said at the beginning of a Gov’t meeting on Thursday. “Data released yesterday by the National Institute of Statistics indicate that the measures taken are right. According to INS, in the third quarter Romania’s economic growth accelerated significantly, by 1.9pct compared with the second quarter of 2018, which puts us in the first place in the EU. The quarterly economic growth in the EU was only 0.3pct overall, which highlight even more the economic development in Romania. Consequently, the actual economic growth in the third quarter of 2018 was up 4.3 percent from the third quarter of 2017. If we take into account the data with INS showing a 9-pct growth in exports in the third quarter and bumper crops, we can conclude that this growth is sustainable and is the result of the measures taken by the government of Romania,” said Dancila. She added that a second positive signal is “annual inflation down to the lowest level this year, at 4.25 percent in October 2018, from 5.03 percent in September 2018”. “There are official data showing that the government was right and the opposition, the analysts or, more seriously, public bodies were wrong, backed by irrefutable arguments,” said Dancila.
The post PM Dancila: Official statistics prove Gov’t measures right, economic growth sustainable appeared first on Nine O' Clock.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
