- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 7.2% for the unadjusted series and by 8.0% for the seasonally adjusted series; - In the period 1.I-30.IX 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.1% for the unadjusted series and by 6.8% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the introduction of the estimates for Q3 2021, differences being recorded as compared to the version published in the Press release no. 261 of October 11, 2021. The growth of the Romanian economy has slowed to 0.3 pct in Q3 over the previous quarter, while compared to the same period of last year the growth of the GDP stood at 7.2 pct as gross series and 8 pct as adjusted series, according to data of the National Institute for Statistics (INS) sent on Tuesday .In the first nine months of this year, the GDP increased by 7.1 pct as gross series and 6.8 pct as seasonally adjusted series, as compared to the same interval of the previous year.On the other hand, INS mentions that, following the revision of the gross series by including the estimate of the Gross Domestic Product for Q3 2021 in the quarterly series, the seasonally adjusted series was recalculated, differences being recorded for the volume indicators compared to the second provisional variant of the GDP for Q2 2021, published in the press release of October 11, 2021.Thus, the figures regarding GDP growth in Q1 2021, compared to the previous quarter, were revised downward to 2.2 pct, from 2.6 pct, while those of Q2 2021, compared to the previous quarter, were revised downward to 1.5 pct from 1.9 pct.The European Commission recently revised to 7 pct the estimates regarding the economic growth of Romania this year, after estimating a 7.4 pct increase in July.
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
Bucharest Tribunal rejected on Wednesday, December 17, an appeal filed by former presidential candidate Călin Georgescu against a lower court decision to keep him under judicial control in a case in which he is accused of promoting legionary ideology. The ruling is final,
European chief prosecutor Laura Codruța Kovesi, the former head of Romania's National Anticorruption Directorate (DNA), said she was “shocked” by the revelations made by magistrates in the Recorder documentary ‘Captured Justice,' released on December 9. The media investigation, which fueled major street protests in Romania, details how...
Romania is among 19 European Union member states asking the European Commission to allocate funding for the creation of migrant return centres to be located outside the EU, amid a broader tightening of the bloc’s migration policy, Agerpres reported. The request follows decisions taken by...
The minister of economy, Radu Miruţă, announced that the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP) fined him, as a natural person, for "wanting a clean and fair management at a state-owned company" - Avioane Craiova. The fine is apparently linked to comments made by minister Miruţă about the management teams appointed […]
