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News
Romania???s unemployment declines in July, but youth rate remains among EU???s highest
1+ week, 4+ day ago (212+ words) Romania’s seasonally adjusted unemployment rate stood at 6.4% in July, down 0.4 percentage points from June, while youth unemployment remained exceptionally high at 30.8%, according to data published on Tuesday by the National Institute of Statistics (INS). The estimated number of unemployed people…...
Macroeconomic confidence improves, but recession risk remains elevated - CFA Romania
2+ week, 3+ day ago (385+ words) CFA Romania’s Macroeconomic Confidence Indicator rose by 6.7 points to 44.2 points in July, amid the confirmation of Romania’s investment-grade rating by rating agencies. At the same time, the Current Conditions Indicator increased by 8.1 points to 36.9, while the Expectations Indicator rose by…...