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Banca Transilvania Expects Private Lending To Slow Down To 3.8% In 2020 Vs 7.6% In 2019
Private lending in Romania is expected to slow down its growth rate to 3.8% in 2020, from 7.6% in 2019, the biggest of the last decade, while the deposits held in banks in Romania by the pop...
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...
European Commission Sees Romania’s Budget Deficit Widening To 6.1% Of GDP In 2021
Romania’s budget deficit is expected to climb to 4.4% of the gross domestic product (GDP) in 2020 and to 6.1% in 2021 following pension increases, the European Commission noted in its 2020 c...
BT Analyst: Romania’s GDP Growth Rate May Moderate To 3.5% In 2020
Romania’s economy could moderate its growth rate to 3.5% in 2020 from 4.2% in 2019, against the backdrop of rebalancing the economic policy through fiscal-budgetary consolidation, according...
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...
Romania to See Economic Growth of 2.6% to 3.5%, Leu to Lose Ground Against Euro in 2020
Economic analysts expect economic growth of 2.6% to 3.5% for Romania and a leu depreciation of 2% to 4% in 2020, mainly due to the worsening of the budget and current account deficit.
BT: Evolution Of Inflation Impacted By Depreciation Of Leu, Decrease In Agricultural Production
The acceleration of Romania’s annual inflation rate to 3.8% in November 2019, compared to 3.4% in October, was impacted by a decrease in agricultural production and the depreciation of the n...
Romania's Prognosis Commission Lowers 2019 GDP Growth Projection to 4%
Romania has lowered its economic growth projection for this year to 4%, from a previous forecast of 5.5%, according to the autumn forecast of the National Strategy and Prognosis Commission.
Romania Central Bank Sees Annual Inflation Slightly Above Target Variation Band At End-2019
Romania’s annual inflation rate is seen slightly above the target variation band at the end of 2019, but it is expected to subsequently return and stay in the upper half of the variation ban...