Romania business review, January 7-13, 2013: GDP estimations, Merging fiscal authorities, Retailer re-branding

Some macro-economy news made headlines in Romania in the last week, most of them focusing on statistics from the end of last year. The country's Prime Minister Victor Ponta spoke about the new budget and new GDP estimations from the Statistics Institute triggered debate. The plan to merge fiscal control authorities was also brought forward last week in Romania. On the companies side, a Romanian group announced plans to get involved in Bulgarian railways freight privatization, and a retailer re-branded some store across Romania. Check out the most important stories of last week in Romania below. Romanian private pensions system reaches 10% yield and EUR 2.3 bln assets New GDP estimation for 2011 triggers dismissal at Romania’s Statistics Institute, may cause budget deficit change Average Romanian household income was EUR 540 a month in Q3 2012 Statistics: Romania’s 2012 third quarter economic results not as poor as initially estimated Eurostat: Romania, 1 of only 7 to show year on year fall in unemployment rate Romania plans to merge fiscal control authorities, schedule regular control every 3 and 5 years Romanian Grup Feroviar Român makes another try during second privatization attempt of Bulgarian BDZ Cargo Wizz Air passenger numbers to and from Romania stay steady in 2012 Trade deficit up EUR 522 mln for Romania in first 11 months of 2012 New highrise office building in the making in Romanian capital