Analysts’ expectations on Romanian economy have strongly improved in August, survey says

Financial analysts’ expectations regarding Romanian economy have registered a strong improvement in August for Central and Eastern European countries, Romania having thus, along with Slovakia, the best outlook in the region.
The index measuring the perception of analysts for the next six months have increased in August by 18 points, to 50 points, the same level as Slovakia, following a slower pace of 15.4 points, a survey by the German research institute ZEW in cooperation with the Austrian Erste Group says.
None of the analysts is anticipating a worsening of the economic situation in Romania and Slovakia during the next six months.
Among the countries having the best outlook in the region are Romania and Slovakia, followed by Czech Republic (41 points) and Austria (38.9 points).
The current situation of Romania’s economy is, however, seen by all of the financial analysts just as ‘acceptable’. Hence, the index evaluating the current state of the economy places Romania fourth in the region with 20 points, behind Czech Republic (45.5), Poland (43.5) and Slovakia (27.3).
Regarding the Central and Eastern European region, including Turkey, the analysts told ZEW they have improved expectations on the evolution during the next six months. The perception on the current situation worsened in August, but almost 86% of the interviewees say the state of economy in the region is ‘acceptable’.
The Central and Eastern Europe region includes Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Turkey, according to the ZEW survey.
The study was conducted during July 27- August 10, included 48 analysts, of which 6 from Turkey.