Continuing quantitative easing: how justified is it? (I)
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.
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.
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
The National Bank increased the inflation forecast for 2019 by 1.2 percentage points, from 3% to 4.2%. Also, the forecast for 2020 goes up by
Consumer prices for the population increased by 0.49% in March 2019, which is significantly below the previous months but higher than in the same month
The National Bank of Romania (BNR) will convoke the National Committee for Macro-prudential Supervision, where the Ministry of Finance will be required to clarify the
The National Bank of Romania (BNR) has maintained the inflation forecast for the end of 2018 at 3.5% but has raised the forecast for 2019
Wage increases should be based solely on productivity growth and be made „by market force”, not by politicians, the Governor of the National Bank of
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The
The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
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
Romania’s economy could grow by 5.1% in 2018, according to the World Bank summer forecast. The estimate has been improved by 0.6 percentage points above
More than half of the annual inflation rate in March 2018 (which went up to 4.95%) was the result of commodity and commodity price increases
In the spring version of the 2018 – 2021 mid-term prognosis, published Friday, the National Prognosis Commission revised upwards the inflation forecast for the end
The International Monetary Fund (IMF) has revised upwards the Romanian economy growth forecast for this year, from 4.4% to 5.1%, according to the latest World
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
In the first month of the year, prices were higher by 2.66% compared to 2015, according to the data published by INS in the middle
Romania recorded a 0.78% price increase in the first month of the year compared to the previous month, which led to an inflation rate of
The National Bank of Romania (BNR) revised the annual inflation rate (CPI) forecast at the end of 2018, from 3.2% to 3.5%, and projected a
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.
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
The National Bank increased the inflation forecast for 2019 by 1.2 percentage points, from 3% to 4.2%. Also, the forecast for 2020 goes up by
Consumer prices for the population increased by 0.49% in March 2019, which is significantly below the previous months but higher than in the same month
The National Bank of Romania (BNR) will convoke the National Committee for Macro-prudential Supervision, where the Ministry of Finance will be required to clarify the
The National Bank of Romania (BNR) has maintained the inflation forecast for the end of 2018 at 3.5% but has raised the forecast for 2019
Wage increases should be based solely on productivity growth and be made „by market force”, not by politicians, the Governor of the National Bank of
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The
The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening
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
Romania’s economy could grow by 5.1% in 2018, according to the World Bank summer forecast. The estimate has been improved by 0.6 percentage points above
More than half of the annual inflation rate in March 2018 (which went up to 4.95%) was the result of commodity and commodity price increases
In the spring version of the 2018 – 2021 mid-term prognosis, published Friday, the National Prognosis Commission revised upwards the inflation forecast for the end
The International Monetary Fund (IMF) has revised upwards the Romanian economy growth forecast for this year, from 4.4% to 5.1%, according to the latest World
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
In the first month of the year, prices were higher by 2.66% compared to 2015, according to the data published by INS in the middle
Romania recorded a 0.78% price increase in the first month of the year compared to the previous month, which led to an inflation rate of
The National Bank of Romania (BNR) revised the annual inflation rate (CPI) forecast at the end of 2018, from 3.2% to 3.5%, and projected a