ECONOMY
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Survey: Banking Sector’s Contribution To Economy In Last 30 Years Is Twice Romania’s 2020 GDP
The economic impact of the Romanian banking sector is estimated at RON2,247 billion in the period 1990-2020, according to the survey ″The contribution of the banking sector to the economy in...
AmCham Business Barometer 2022: Confidence, Optimism And Potential For Romania’s Economic Development
AmCham Romania released the results of the fourth edition of the Business Barometer survey on the quality of the investment climate, which reveals a confidence close to the pre-pandemic leve...
European Commission Cuts Romania's 2022 Economic Growth Forecast To 2.6% Versus 4.2%
Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on...
PwC: 54% Of CEOs In Romania Expect Slowdown In Country's Economic Growth Amid Ukraine War
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC...
Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news con...
PwC: 54% Of CEOs In Romania Expect Slowdown In Country's Economic Growth Amid Ukraine War
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC...
Govt Lowers Romania’s 2022 Economic Growth Forecast from 4.3% to 2.9%
Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the...
Fitch Affirms Romania's BBB- Rating; Outlook Negative
International rating agency Fitch has recently affirmed Romania's sovereign long-term rating (IDR) at BBB-, keeping it at the lowest investment-grade level, but it maintained the Negative Ou...
Major Bets for Romania’s Economy In 2022
The big bets for Romania’s economy in 2022 are related to the 4.6% economic growth rate the government is banking on and on which it built the 2022 state budget. Revenues are expected to gro...