ECONOMY
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FIC: The Situation Of Public Finances Remains Fragile And Generates Concern Over Whether 2024 Deficit Goal Can Be Met
Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024.
Organization for Economic Co-operation and Development Expects Romania’s Economy To Grow 3.1% In 2024
The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Eco...
Moneycorp: More Than Half Of Businesspeople Believe Romania's Economy Will Enter Technical Recession In 2024
Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Ro...
KPMG: Romania’s Economy To Grow By 2.5% In 2024, Inflation To Reach 6.9%
KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global...
AHK Business Outlook For Romania: German Companies Expect Slowdown In Economy
The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey...
FIC: Disproportionate Taxation Of Large Taxpayers Threatens The Ability Of The Economy To Recover
The Foreign Investors Council (FIC) warns of the recent proposals for tax changes, which not only substantially change the tax legislation and introduce a series of new taxes or increases, b...
Romania’s Economy Grows 1.7% YoY In H1/2023
Romania’s gross domestic product (GDP) grew by 1.7% in real terms (in unadjusted data) in the first half of 2023 compared to the same period of 2022, and by 2.8% in seasonally adjusted data,...
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
Romania Private Consumption Up Almost 6% In January 2023 Despite Expectations Of Slowdown
Private consumption in Romania expressed through the volume of retail sales grew almost 6% in January 2023 compared to January 2022, which translates into a significant acceleration versus a...