ECONOMIC GROWTH
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Economic Growth Boosts Number Of Romanians With More Than EUR100,000 In Banks
Almost 36,000 Romanians had more than EUR100,000 in the bank at the end of 2017 or 39.6 billion lei (EUR8.5 billion), which is RON3 billion more than at the end of 2016, according to a repor...
Romania’s GDP Growth Flat In Q1 2018 Vs Q4 2017, Analysts Revise Forecasts
Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs a...
World Bank Sees Romania's Economic Growth at 5.1% in 2018, Deficit at 3.3%
Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the fiscal stimulus, but in the absence of corrective measures,...
Reff, Deloitte Romania: „Workforce Shortage Is Main Obstacle In Continuing Or Accelerating Economic Growth
The crisis in the Romanian entrepreneurial environment, caused by the lack of workforce on the market, is the main obstacle in continuing the development of the Romanian economy, says Alexan...
PwC: Romanian CEOs Confident In Growth Perspectives Of Global Economy
57% of Romanian CEOs say the global economic growth will improve in the next 12 monthsand the situation is slightly similar in Central and Eastern Europe (CEE), with 45% of the regional exec...
EC Warns Lack of Reform Will Hinder Romania's Economic Growth
Romania's buoyant economic growth risks setting the stage for a hard landing in the absence of structural reforms and fiscal consolidation, the European Commission warned in a report Wednesd...
Unicredit: Romania’s Economic Growth To Moderate At 4.6% In 2018 And 3.5% In 2019
Romania’s economic growth will moderate at 4.6% in 2018 and at 3.5% in 2019 due to fiscal uncertainties, harsher real monetary conditions and consumption-driven economic growth in 2017, acco...
World Bank Sees Romanian Economy Growing 4.5% in 2018 After 6.4% Growth in 2017
The World Bank sees Romania's economy growing by 4.5% in 2018, 4.1% in 2019, and 3.5% in 2020, after an estimated growth of 6.4% in 2017, it said in its Global Economic Prospects report rele...
Analysts: Romania's Imports Boost Inflation, Weaken Leu
Romania's economy is vulnerable and its growth based on consumption of imported goods puts pressure on inflation and weakens the Romanian leu, the Association of Romanian Financial and Banki...