luni

15 august, 2022

English Main

The long-term interest rate fell below zero in the Eurozone and dropped to only 0.28% on average at the EU level, half as compared to the previous month and a quarter compared to March 2019. No less than...
15 octombrie, 2019
Net costs for the state with holiday vouchers for public sector employees and the VAT cut for tourism will amount to RON 1,878 million in 2019 (about EUR 395 million). The Ministry of Tourism has an investment budget...
15 octombrie, 2019
In this last article from the series devoted to the analysis of the quantitative easing performed by the European Central Bank (ECB), we will deal with the two arguments which are not openly stated, but could well be...
9 octombrie, 2019
In this second article of the series dedicated to the analysis of the quantitative easing performed by the European Central Bank (ECB), we will focus on the second argument brought in favor of such a policy. An unsatisfactory...
9 octombrie, 2019
The European Central Bank (ECB) has restarted, in the summer of 2019, its rhetoric concerning the necessity of a new round of quantitative easing, i.e. of an expansion of its balance sheet through issuing money against collateral. In...
8 octombrie, 2019
Not in many words, just the explanations for the charts below: Let’s take a look at the figures. In the explanatory memoranda of Law 127/2019 on the unitary pension system, pensions cost increase calculated by the lawmaker is...
23 septembrie, 2019
The trade deficit in July 2019 rose sharply to the historical record of EUR 1,755.5 million, by 38% more than in the same month of last year and 55% above the level of the previous month, according to...
16 septembrie, 2019
First steps towards digitalization were made in the 60s. More recently, twelve years ago, the digital ID was introduced for all the citizens, for free. The core principle is that „the citizen must be at the centre, not...
11 septembrie, 2019
Both public and companies’ long-term investments halved in 2018 compared to 2009. This is proof that without state investments, the private sector does not have investment resources and if it has them, it does not have the confidence...
26 august, 2019
Romania is the only country in the region where results in the first half of this year in foreign trade worsened, according to data published by Eurostat. With the lowest increase in exports and largest advance in imports,...
26 august, 2019
The Ministry of Public Finance (MPF) will propose to the Government another emergency ordinance for amending the Tax Code and the Tax Procedure Code, after the series that started with famous OUG 114/2018. Among the changes, those related...
18 august, 2019
The economy of the European Union recorded in the second quarter of 2019 the worst evolution of the last five years, with a quarterly increase reduced (for the first time) to only 0.2% and a growth in annual...
12 august, 2019
Romania announced its intention to join the Eurozone in 2024. Adoption of the single European currency is not optional but included in the Treaty of accession to the EU, and we are now in a derogation period until...
5 august, 2019
Estonia is well-known as a phenomenon of digitalization. On the official website of the European Commission it is mentioned to be „Estonia is probably the only country in the world where 99% of the public services are available...
27 iulie, 2019
Salaries in domestic companies continue to grow as staff shortage widens, but remain half the level registered in foreign firms, according to an analysis by Syndex Romania. Below is a comparative table for the two types of capital,...
15 iulie, 2019
Although gross fixed capital formation had a surprising positive contribution to the economic growth in the first part of the year, members of the National Bank of Romania’s Board of Directors (BNR) are reluctant about the investment’s rebound,...
15 iulie, 2019
Romania recorded the largest public deficit among the EU states in 2018, according to data published by Eurostat, except for Cyprus (-4.8% of GDP last year, after +0.3% in 2016 and +1.8 % in 2017). The level of...
24 iunie, 2019
Romania’s macroeconomic imbalances have increased in the past year, and economic and fiscal policies have to change so that the population’s incomes and prospects of euro adoption to not suffer from counter performances – this is one of...
10 iunie, 2019
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 and later when the RON/euro rate could even reach 4.85. Erste & BCR...
10 iunie, 2019
The policy of stimulating consumption has also distorted the degree of indebtedness in the territorial distribution, and rich counties are competing with the poor ones in the ranking of outstanding loans rate, according to data from the National...
3 iunie, 2019

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