Reporter
Claudia Medrega
- Fields
- Banks-Insurance, Macroeconomics, Analysis
- Writing for ZF since
- 2011
- Articles
- 124
Government Failed To Help Economy With Capital Expenditures During Recession Years
Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of thi...
Goods And Services Expenses Up 20%, Personnel Expenses Down 20% In May
May brought a budget gap, after a slight budgetary surplus registered in April. The state’s expenditures on goods and services went up 18.2% from a year ago, to 2.4 billion lei (EUR568 milli...
Companies Deposit Their Money With Foreign Banks’ Branches
Companies increased their foreign currency-denominated deposits with foreign banks’ branches by 1.6 billion lei (EUR0.38 billion) in the first quarter, while most lenders operating with Roma...
Analysts: Economy Failed To Replicate Q1 Performance In Q2
Analysts of local banks believe Romania's economy had a weaker performance in the second quarter than in the first, when it rose by 0.7%, and there is even the risk of a slight GDP decline.