about us | newsletter | contact | archive | members area
Mihai Patrascu, evoMAG
Competition is beneficial to the end customer»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts and international bodies - International Monetary Fund (IMF), World Bank (BM), the European Commission (CE), is a confirmation of the economic measures taken by the Government.

2017-06-20 14:57:32 - From the Print Edition

Romania has thus recorded the highest growth in the European Union in the first quarter of this year, according to data published by Eurostat, a Government release shows. The Government will continue to support the economic growth trend by stimulating public investment, accelerating the drawing of European funds, improving tax collection and curbing tax evasion. The economic growth is also the result of the business environment's confidence in the economic measures announced by the Government for the next period - including the Prevention Law, the establishment of the Sovereign Investment Fund - also proven by the confidence indicators calculated by the European Commission.

"For 2017, we intend to draw substantial European funds to the Romanian economy, namely 5.2 billion Euro," Prime Minister Sorin Grindeanu said. "At the same time, I personally monitor through weekly working meetings, the improvement of tax collection and the fight against tax evasion. These are levers whereby we support the pace of economic growth so that the evolution of the economy can be felt in Romanians′ everyday lives." The economic growth rate of 5.7 per cent, higher than the estimated figure for the entire 2017, respectively 5.2 per cent was anticipated by other positive developments in the economy. Exports peaked to a record high in March 2017, namely 5.7 billion Euro. More than 100,000 stable new jobs were created in the first four months of the year. Industrial output has high growth rates - a positive development in the manufacturing / medium and high-tech industries.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  4343 Views
Daily Info
Socar has opened the second filling station in Brasov and reaches a total of 39 stations

Socar has opened its 39th filling station in Romania. This is the second filling station to be launched under Socar brand in Brasov city, one of the Romanian tourism centers. ...

Hornbach opens an online store with over 27,000 products in Romania

Hornbach officially launches their online store in Romania, where customers can choose from over 27,000 products.

PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take over t...

Colliers Romania appoints Laurentiu Lazar as new managing partner

Laurentiu Lazar will take over as the new managing partner of the real estate consultancy company Colliers International Romania, effective as of March. Ilinca Paun, the curre...

Skanska Romania appoints Aurelia Luca as new managing director

Skanska Property Romania, the local division of one of the largest real estate developers, announces changes at the top of management in Romania. Marcin Lapinski, Managing Dir...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Contract for the purchase of 227 Piranha V armored personnel carriers, signed in presence of PM Tudose

The contract for the purchase of 227 Piranha V armored personnel carriers was signed on Friday in the presence of Prime Minister Mihai Tudose, Deputy Prime Minister Marcel ...

Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot ...

PM-designate Dancila: "It's important to implement governing programme"

Prime Minister-designate Viorica Dancila stated that it's important to put into practice the governing programme, but also 2018- the Centennial Year and prepare to take ove...

Mihai Tudose announces his resignation as prime minister

Mihai Tudose announced on Monday evening, at the end of the Social Democrat Party (PSD) National Executive Committee (CExN) meeting, that he resigns as prime minister of Ro...

Garanti Leasing signs a loan agreement for 15 million Euro with EFSE

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of 15 million Euro with the European Fund for Southeast Europe (EFSE). The facility is meant to increa...

EIB supports the modernisation of infrastructure in Oradea

The European Investment Bank (EIB) is lending 21 million Euro to the Municipality of Oradea to finance improvements to its urban infrastructure. EIB funds will also support...

Romania plays in the big league, says Deloitte survey

On the backdrop of a stable economic context in the region and with growing macroeconomic indicators, Romania has won the deal doers' trust now becoming a core market for p...