joi

28 martie, 2024

current account

The current account of the balance of payments recorded in the first nine months of this year a deficit of EUR 6.62 billion, about 39% higher than the same period of the previous year. To be noted, the...
19 noiembrie, 2018
For four years now, net wage growth has been much higher than productivity and, as employers’ earnings have not increased with the wage advance disproportion has moved to Romania’s foreign payments. If the employer, whether private or state-owned,...
5 noiembrie, 2018
According to the data released by Eurostat, Romania’s current account deficit exceeded, in the second quarter of the year, the threshold of five percentage points related to the estimated GDP. Although we are still far from not meeting...
15 octombrie, 2018
The current account of the balance of payments registered a deficit of EUR 2,053 million in the first four months of this year, about 15% over the same period of the previous year. The percentage was in decline...
18 iunie, 2018
Romania has a discordant note with the other Central and Eastern European countries (CEE) regarding the economic growth strength in terms of macroeconomic balances. Economic growth in the CEE „maintains strong” in the first quarter of 2018, although...
2 aprilie, 2018
Macroeconomic balances suffer a significant deterioration because of the government pro-cyclical policy to stimulate consumption. The pro-cyclical policy led to an increase in the trade and current account deficits and amplified the depreciation pressures of the local currency,...
12 noiembrie, 2017
The balance of payments current account recorded a deficit of more than four billion euros in the first eight months of the year, which means a 52% increase over the same period in 2016. The minus registered on...
22 octombrie, 2017
BNR decided on Tuesday to narrow the „symmetrical corridor” between the interest rates of the standing facilities around the monetary policy rate (1.75%, unchanged), by increasing the deposit interest rate and lowering the Lombard rate. At the same...
9 octombrie, 2017
Romania’s current account deficit will be by far the largest of the European Union’s emerging economies in 2017 and will exceed 3%, according to the estimates of the banking system. The main causes are: a massive increase in...
17 septembrie, 2017
  * Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7% y-o-y, induces analysts’ worries about its unsustainability, which has already caused a deterioration...
21 mai, 2017
The balance-of-payments current account posted a surplus of EUR 204 million in the first two months of the year, compared to a deficit of EUR 139 million in January-February 2016, according to the data published on Thursday by...
23 aprilie, 2017
We start from the certainties in 2016 – when Romania will most likely have the highest economic growth among the EU states: INS announced an economic growth of 5% for the first half of the year. In absolute...
7 noiembrie, 2016

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