BT
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STC Partners Gets EUR6M Funding from Banca Transilvania to Develop First Phase of Quartier Azuga
Real estate developer STC Partners got a EUR6 million funding from Banca Transilvania to develop the first phase of housing compound Quartier Azuga located in Doamna Ghica area, with the pha...
BT Analyst: COVID-19 Pandemic To Impact Evolution Of Romania Construction Sector On Short Term
The evolution of the Romanian construction sector will be impacted on the short term, especially in March and April 2020, by the effects of the COVID-19 pandemic and related measures meant t...
BT: Romania Construction Sector Seen Up 20.3% In 2019; But Growth Rate May Slow To 6% In 2020
Romania’s construction sector is expected to grow on average 20.3% in 2019, but its growth rate may slow to 6% in 2020, followed by an annual growth rate of 5.7% in 2021, Andrei Radulescu, m...
BT Analyst: Romania Annual Unemployment Rate Seen Growing To 4.3% In 2020 From 3.9% In 2019
Romania’s annual unemployment rate is expected to grow to 4.3% in 2020 and to 4.4% in 2021, from 3.9% in 2019 when it reached the lowest level of the past three decades, according to Andrei...
BT Analyst: Consumption To Accelerate To 6.3% In 2019; Moderate To 5% In 2020
Banca Transilvania analysts expect the consumption growth rate to accelerate to 6.3% in 2019, from 5.2% in 2018, due to a lax and unsustainable mix of economic policies.
BT: Share Of Current Account Deficit In GDP May Decrease To 4.2% In 2019, From 4.5% In 2018
The share held by the current account deficit in the gross domestic product (GDP) may decrease to 4.2% in 2019 from 4.5% in 2018, against the backdrop of the economy performing below the pot...
BT: Romania’s Economy To Slow Down Growth Rate To 2.9% In 2019, To Accelerate To 3.3% In 2020
The annual dynamics of Romania’s gross domestic product (GDP) will decelerate to 2.9% in 2019, from 4.1% in 2018, but is expected to accelerate to 3.3% in 2020 and to 3.7% in 2021, said Andr...
BT: Romania’s GDP Growth To Moderate Further In 2019, At 2.8%; May Accelerate To 3.3% In 2020
Romania’s economic growth will moderate further in 2019, at 2.8%, compared with 4.1% in 2018 and 7% in 2017, against the backdrop of the completion of the external post-crisis cycle, the cha...
BT: Private Consumption To Reduce Growth Rate To 4% In 2019; Comeback To 5% Expected As Of 2020
Private consumption will reduce its growth rate to 4% in 2019, versus 10% in 2017 and 6.3% in 2018, against the backdrop of a rebalancing of the economic policy, the normalization of the mon...