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Results 1 - 5 from 5 for "downturn"

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  • Romania's GDP Falls 10.5% on Year in 2Q/2020

    08.14.2020

    Romania's gross domestic product took an annual plunge of 10.5% in the second quarter after unexpected annual growth of 2.4% in the first quarter, a flash estimate from the country’s statistics more

  • Investments, Consumption to Cushion Economic Downturn in 2020 – Finance Minister

    07.14.2020

    Romania's government has invested RON16.1 billion in the country's economy in the first six months and investments and consumption are excepted to cushion this year's economic downturn and lay a solid more

  • Romania Central Bank Expects Significant Economic Downturn In 2020, Similar To 2009 Level

    06.02.2020

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  • BCR CEO: It Is Very Important Not To Allow Economic Downturn To Turn Into Depression

    04.23.2020

    It is very important not to let the economic downturn that will follow the coronavirus crisis turn into an economic depression, along with a financial crisis, believes Sergiu Manea, CEO of BCR. more

  • Analysts Doubt Government Figures, Expect Economic Downturn To Be Worse

    04.17.2020

    Economic analysts believe the government forecast of an economic decline of merely 1.9% is overly optimistic. As a result, the budget deficit, 6.7% of the GDP as the government sees it, will be much more

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