Analysis
Central Bank Sees Mounting Systemic Risks to Romania's Financial Stability
Two severe risks to Romania's financial stability are a rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies and the worsening of domestic macro...
Just 42% of Romanians Have Vacation Plans for 2020
Nearly 75% of Romanians have not taken vacation days this year and just 42% are considering a vacation in the next period, a survey by job platform BestJobs showed Monday.
Romanian Insurance Market Seen Down 15% in 2Q, Recovering in 3Q
The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the thir...
IMF Sees Global Economy Contracting 4.9% from 3% Forecast in April
The global economy is projected to decline by 4.9% in 2020, the International Monetary Fund said in its June 2020 latest World Economic Outlook forecast released Wednesday.
Euler Hermes: Romanian Economy To See Biggest Quarterly Drop in 20 Years in 2Q
Romania's economy will witlessness its biggest quarterly decline in over 20 years in the second quarter of 2020 and the country's gross domestic product is expected to keep declining until t...
Romania's GDP/Capita in PPS Reached 69% of EU Average in 2019
Gross domestic product per capita expressed in purchasing power standards (PPS) ranged between 53% of the EU average in Bulgaria and 261% in Luxembourg, while Romania's GDP per capita stood...
PwC Survey: 60% of CFOs Globally Worry about Economic Downturn
The top concern of CFOs as they implement return-to-work plans plans is the impact of a global economic downturn (60%), but an almost equally high number are worried about a new wave of infe...
Horváth & Partners: Online Sales Seen Growing 28% in 2020, to EUR5.5B
Online sales increased in the past three months amid pandemic-related restrictions and are seen growing 28% in 2020 compared with 2019, to nearly EUR5.5 billion, a study by management consul...
Mazars: Romania M&A Market Hits EUR815M in 2019
The Romanian mergers and acquisitions market reached EUR815 million in 2019 in 50 deals whose value was disclosed, according to data from audit and consultancy company.