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Tag Archives: Ciprian Dascalu

EC: Romania’s economic sentiment drops to lowest level in two years

The Economic Sentiment Indicator (ESI) declined in February to the lowest level in the last two years in Romania, driven by a sharp drop of confidence in industry, according to the latest figures from the European Commission (EC). The indicator ...

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Keeping deficit below 3 pc, Sisyphean work for the technocrat Gov’t, ING argues

Maintaining the budgetary deficit below 3 percent of GDP could be a Sisyphean work for the government of technocrats, considering that the Parliament will continue to promote populist measures in the run up of local and general elections this year, ...

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EUR up against national currency by RON 0.0144 on interbank market, subsequent to PM Ponta’s resignation

The EUR has strengthened on the interbank market against the RON, and climbed by 1.44 bani (RON 0.0144), more than the range variation recorded during an ordinary day, thus responding to the prospect of market uncertainties caused by the announcement ...

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