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Tag Archives: quarterly report

BNR Governor on trade imbalances: The correction is unavoidable. Inflation forecast revised downwards to 3.5pc

The National Bank of Romania, repeatedly accused by the PSD-ALDE ruling coalition of failing to control the inflation, has presented on Wednesday new analyses and forecasts about the price increases in 2018 and about the development of the currency exchange. ...

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Political tensions grow as the economy slows down. “Romania risks a conflict with EU”, Unicredit warns

Unicredit Bank anticipates a slowdown of Romania’s economic growth to 4.4 percent in 2018 and 3.6 percent in 2019 as consumption and investment will be affected by the slowdown in wage growth, fiscal uncertainty and higher funding costs. “The conflict ...

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UniCredit: Romania’s GDP to slow. Fiscal policy remains the biggest risk for growth, macroeconomic stability

UniCredit Bank analysts expect Romania’s economic growth to slow to 4.4 percent in 2017 and 3.5 percent in 2018 due to falling public investment, a weaker harvest than in 2016 and tighter fiscal policy from this year’s Q4 onwards if ...

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