Macroeconomics
Unicredit Bank: Romania May Have Trouble Keeping Budget Deficit Under 3% Of GDP In 2019-2020
Romania is facing a difficult end of the economic and electoral cycles and political and fiscal risks will probably increase in 2019-2020, according to Unicredit Bank analysts who also think...
Romania Posts Budget Deficit of 2.88% of GDP in 2018
Romania's general consolidated budget posted a deficit of RON27.3 billion in 2018, or 2.88% of gross domestic product, below the government's target of 2.97% of GDP and the EU limit of 3%, f...
Tax or Depreciation? Leu/Euro Exchange Rate Casualty of War Between Banks and Finance Ministry
The business sector in Romania is tensely waiting to see how the leu/euro exchange rate will go, after an exchange of harsh messages between the Finance Ministry and Romania’s central bank a...
Leu Hits New Low Of 4.7648 Vs Euro
The Romanian leu hit a new low of 4.7648 units against the euro on Friday, losing 0.17% on the day from 4.7569 units per euro on Wednesday, after two weeks of continued decline.
Leu Hits New Low Of 4.7142 Vs Euro
The Romanian leu hit a new low against the euro on Tuesday, standing at 4.7142 units to euro at midday, down 0.13% from 4.7081 units to euro on Monday.
CFA Romania Analysts See Leu Falling To 4.716 Units Vs Euro In Next Six Months
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to depreciate to 4.716 units per euro in the next six months and to 4.7883 units against the eur...
Leu Hits New Low Of 4.7081 Vs Euro
The Romanian leu hit a new low against the euro on Monday, standing at 4.7081 units to euro at midday, down 0.23% from 4.6975 units per euro on Friday.
Leu Touches New Low Of 4.6975 Vs Euro
The Romanian leu hit a new low against the euro on Friday, standing at 4.6975 units to euro at midday, down 0.18% on the day from 4.6890 units per euro on Thursday.
Leu Touches New Low Of 4.6890 Vs Euro
The Romanian leu hit a new low against the euro on Thursday, standing at 4.6890 units to euro at midday, from 4.6830 units per euro on Wednesday.