National Institute of Statistics

Net investments in national economy dropped 3.1 per cent in 2014 against 2013, down to 65.598 billion lei (current prices), with an increase of 3 per cent recorded in the last quarter of the year, compared with the same period of 2013, the National Institute of Statistics (INS) informs in a release.

Photo credit: (c) Angelo BREZOIANU/ AGERPRES ARCHIVE

The monthly average net nominal earnings were 1,743 lei in November in Romania, up 38 lei from October, a release of the National Institute of Statistics (INS) informed AGERPRES on Monday.

Photo credit: (c) Cristian NISTOR/AGERPRES ARCHIVE

BELGRADE - In 2014 and 2015, Romania remains one of the most important growing economies in the region, and economic indicators give hope that the ambition to join the euro zone in 2019 is a goal to achieve, Romanian Prime Minister Victor Ponta said in an exclusive opinion piece for Tanjug ahead of the Third Meeting of Heads of Government of China and Central and Eastern European countries in B

Prime Minister Victor Ponta commented data released on Thursday by the National Institute of Statistics (INS) by saying that they make possible repeating his commitment the government would not have to raise taxes and could cut the VAT for some types of foodstuff.

Measures aimed at redistributing the economic growth and at stimulating consumption have positive effects on the economy; the 7.4 percent growth of retail over the first three quarters of 2014 reflects a moderate stimulus for increasing demands and a boost to economic growth, prime minister's advisor Cristian Socol says.

The National Institute of Statistics, INSTAT, said on Monday that the slump in the economy during the period was due to the poor performance of the construction and industrial sectors, although other parts of the economy fared better.