Romanian Leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime, the Czech Republic,
With an evolution labelled as a “new negative record” and “the national currency continues to decline” after the reference exchange rate announced by the BNR
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The National Bank of Romania wants a „loyal cooperation” with the Ministry of Public Finance, and that involves a prior consultation with the central bank
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
The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage
The deterioration of investors’ confidence in emerging economies and the default risk of loans to companies and population are the biggest risks to financial stability
The National Bank of Romania (BNR) is working on a permanent basis with the Government and the Ministry of Finance, but has no “power over
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
The national gross average wage announced by the INS for January 2018 was 4,143 lei, a value that cannot be compared with the previous month
Romania will pay more than RON 10 billion in 2018 only for interest and fees on foreign debt, according to the Ministry of Finance’s forecast
The average euro/leu exchange rate registered in 2017 the highest increase in the last five years, and the rate at the end of the year
The National Prognosis Commission (CNP) has an optimistic view of the 2018 economic indicators, while major players in the banking field are much more cautious
The first time it happens, the second time it can be a coincidence but for the third time it is already confirmed the establishment of
Before deciding to protect the stability of interest rates more than the stability of the exchange rate and to signal, though, a future increase in
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
Romania’s economic growth is expected to remain well above the 5% threshold by 2020, and GDP growth in euro will be at least 8% between
The ratio between the net revenues coming as direct investment in the country and the (chronically negative) current account of Romania’s balance of payments has
The trade deficit in the second quarter of 2017 was EUR 3,520.7 million, according to the data provided by the INS, which shows a spectacular
The Governor of the National Bank of Romania, Mugur Isarescu (foto), has launched harsh allegations against the policy of encouraging consumption, which has unbalanced the
Romanian Leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime, the Czech Republic,
With an evolution labelled as a “new negative record” and “the national currency continues to decline” after the reference exchange rate announced by the BNR
Analysts’ scenarios on the evolution of the exchange rate are rather prudent for the coming months, but severe for the beginning of the next year
The National Bank of Romania wants a „loyal cooperation” with the Ministry of Public Finance, and that involves a prior consultation with the central bank
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
The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage
The deterioration of investors’ confidence in emerging economies and the default risk of loans to companies and population are the biggest risks to financial stability
The National Bank of Romania (BNR) is working on a permanent basis with the Government and the Ministry of Finance, but has no “power over
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
The national gross average wage announced by the INS for January 2018 was 4,143 lei, a value that cannot be compared with the previous month
Romania will pay more than RON 10 billion in 2018 only for interest and fees on foreign debt, according to the Ministry of Finance’s forecast
The average euro/leu exchange rate registered in 2017 the highest increase in the last five years, and the rate at the end of the year
The National Prognosis Commission (CNP) has an optimistic view of the 2018 economic indicators, while major players in the banking field are much more cautious
The first time it happens, the second time it can be a coincidence but for the third time it is already confirmed the establishment of
Before deciding to protect the stability of interest rates more than the stability of the exchange rate and to signal, though, a future increase in
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
Romania’s economic growth is expected to remain well above the 5% threshold by 2020, and GDP growth in euro will be at least 8% between
The ratio between the net revenues coming as direct investment in the country and the (chronically negative) current account of Romania’s balance of payments has
The trade deficit in the second quarter of 2017 was EUR 3,520.7 million, according to the data provided by the INS, which shows a spectacular
The Governor of the National Bank of Romania, Mugur Isarescu (foto), has launched harsh allegations against the policy of encouraging consumption, which has unbalanced the
