recession

Nicușor Dan said on Thursday that our country has been in a recession since last year, but “we have a private economy that is solid and we have had a GDP that has doubled in the last 10 years.” The president-elect added that he will…

Stock markets tumbled on Monday, with Japanese shares down 12.4%, the biggest daily drop since Black Friday in 1987, on fears that the United States could be headed for recession, which has prompting investors to flee risky assets and bet…

The National Bank of Romania (BNR) has revised upward, to 4.9%, from 4.7% previously, the inflation forecast for the end of this year, and anticipates that it will reach 3.5% at the end of 2025, according to the data presented on…

In its 2024 Foreign Exchange Market Outlook released this week, iBanFirst provides Romanian companies, especially those doing international payments, with an overview of key trends for the upcoming year, helping them shape their currency…

The European Central Bank would risk plunging the European Union into a long recession if it decides to raise interest rates at its pivotal meeting on Thursday, following the growth downgrades of the bloc by the European Commission. This…

Artmark has published the Romanian art market report for the period September 2022 – July 2023, offering an analytical perspective on the evolution of the market of beauty and cultural values, as well as current trends in the market.…

The year 2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Efficiency gains and the slowdown in activity have led to a sharp drop in energy prices and thus a welcome…

The major US Banks’ latest earnings reports painted a mixed picture to last year's fourth quarter financial environment. Inflation, reduced investment deal-making, slowing consumer spending and preparations for recession including a mix of…

32% of respondents are halting planned investments due to geopolitics; 89% will look to leverage deals over the next 12 months to secure growth; Investment in sustainability and talent seen as ways to emerge stronger from…

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