ECONOMY
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Iulian Stanciu, eMAG CEO: We Should Gradually Replace Lockdown With Steps To Restart Economy
The authorities should gradually ease the lockdown a number of economy sectors are experiencing to allow the economy to restart and keep addressing the healthcare crisis as a priority.
10% Growth Of Construction Sector Could Offset 30% To 40% Decline Of Other Sectors
Construction sector growth of at least 10% could offset decline in the sectors affected by the current crisis by some 30% to 40%, because this industry accounts for 40% of the economy, direc...
Large Firms In Romania Urge Govt To Turn To IMF To Overcome Covid-19 Crisis: Economy Needs Nearly EUR30B Support
Several organizations in the Romanian business environment, among which Romanian Business Leaders, the National Council of Romanian Small and Medium-sized Enterprises, the Romanian-German Ch...
Eurostat: Romania’s Calarasi, Ialomita Place 3rd, 7th In European Top Of Agriculture’s Share In Local Economy
Romanian counties of Calarasi and Ialomita are ranked among top European regions regarding the share held by agriculture in the region’s gross value added, placing third and seventh in the E...
Raiffeisen Bank Expects Romania’s Economy To Contract 2.5% In 2020, Grow 4.5% In 2021
Raiffeisen Bank has built a new economic growth scenario for Romania, in the context of the coronavirus crisis, forecasting an economic contraction of 2.5% for 2020 (with a sharp contraction...
Fin Min: Government Must Inject Liquidity into the Economy
Romania's government must inject liquidity into the economy and transfer resources from sectors doing well into sectors that will be hit harder by the coronavirus pandemic, finance minister...
PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis
Romania has the resources and fiscal and monetary tools to respond to potential shocks stemming from the coronavirus epidemic and to alleviate its potential negative effects, prime minister...
Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020
Romania’s economy will slow down its growth rate down to 2.8% in 2020, according to estimates by Euler Hermes analysts, in the context of falling global demand, continuous commercial tension...
Central Bank Governor Says Economy Is Concerning But Manageable
Romania's economy is neither collapsing nor on the brink of collapse despite claims by politicians that the state of the country's economy is in difficulty, central bank governor Mugur Isare...