Results 1 - 25 from 25 for "recession"
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Moneycorp: More Than Half Of Businesspeople Believe Romania's Economy Will Enter Technical Recession In 2024
01.29.2024
Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Romania to more
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EY: Most CEOs Fear Recession Will Be Worse Than 2007-2008 Financial Crisis
01.13.2023
The vast majority of CEO respondents (98%) are bracing for an economic downturn characterized by geopolitical tensions, supply chain disruption, and ongoing COVID-19-related uncertainty, but appear more
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Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
05.12.2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news more
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Concordia: From 4.2% Economic Growth Projection To Possible Recession
03.10.2022
The economic forecast for Romania in 2022 initially was for 4.2% growth, but amid the Ukrainian war a recession can be expected, or, in a more fortunate scenario, a much lower economic growth, says more
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World Bank Sees Romania's GDP Contracting 5.7% This Year, Growing 5.4% in 2021
06.09.2020
Romania's economic growth is forecast to contract 5.7% this year from a previous estimate of a slowdown to 0.3%, the World Bank said in its latest economic update. more
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Frames Analysis: Over One Million Romanians At Risk Of Unemployment Amid COVID-19 Crisis
03.13.2020
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Bucharest Stock Exchange Comes Down With Recession Fears
03.10.2020
The Bucharest Stock Exchange plunged 7.5% on Monday and Romanian companies lost about 12.7 billion lei (EUR2.63 billion) of their capitalization in the most aggressive trading session since Ordinance more
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Turmoil On International Financial Markets Cause For Concern In Bucharest
02.12.2016
The German stock market fell by another 2% on Thursday, and the decline since the beginning of the year reached 18%. The Greek stock market has dropped by more than 30% since the beginning of the year more
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European Commission Sees Romania Out of Recession In 3Q
11.04.2014
Romania’s gross domestic product rose 1% in the third quarter against the previous quarter, according to the European Commission’s latest forecasts, which means the economy is out of technical more
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UniCredit: Exports Revival Could Prevent Recession In 2012
10.02.2012
Romania could prevent recession in the second half of 2012 and meet the budget deficit target of 2.2% of the gross domestic product GDP only through a boost of foreign demand, considering the poor more
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Romania’s Economy Back Into Recession. GDP Shrinks In The First Quarter
05.15.2012
Romania’s economy shrank in the first three months of 2012 compared with the previous quarter, a flash estimate from the country’s statistics institute INS said Tuesday. more
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President: Romania Won’t Drift Back Into Recession
03.11.2012
Romanian President Traian Basescu said Sunday Romania is not in danger of slipping back into recession, arguing that the technical recession announcement made by authorities recently has been more
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Romania's Economy May Slip Into Technical Recession In 1Q, FinMin Says
03.09.2012
Romanian Finance Minister Bogdan Dragoi Friday estimated the country’s economy has slipped back into technical recession in the first quarter, hit by bad weather. more
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BNR Admits It Did Not Anticipate Extent Of 2009 Recession. Will Romania Avoid Recession In 2012?
03.08.2012
The Romanian central bank, or BNR, admitted half-heartedly at the beginning of this week, through the voice of the central bank’s deputy governor Cristian Popa, that it had not expected the extent more
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Volksbank Rescued For The Third Time By Austrian State, Keeps Plans To Exit Romania
02.29.2012
Austria's government invests a further EUR250 million in Volksbank’s capital after taking a 70% loss from a previous EUR1 billion injection, this being the third time since 2008 that the Austrian more
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Prospects Of New Recession Cloud Good News Of Economic Growth In 2011
02.16.2012
The good news of Romania’s 2.5% gross domestic product growth last year is clouded by the prospects of a new recession, as a GDP decline is expected for the first quarter of 2012. more
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What The New PM Will Have To Deal With In Terms Of Macro-Economy
02.13.2012
The term of Romania’s new Prime Minister Mihai Razvan Ungureanu starts under tough circumstances: bad weather and recession in the euro zone. more
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Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
02.07.2012
Romanian economy was severely hit by a sharp decline in foreign investments after 2008 and the poor absorption rate of European structural funds has only deepened the country’s recession, central more
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Romania To Tackle Potential New Recession Better, EC Official Says
11.22.2011
The recent structural adjustments and fiscal consolidation measures implemented in Romania may help the country cope better with a potential new stage of the recession in Europe, said Nicolae Idu, more
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Entrepreneurs Still Cling To Pre-Crisis Prices, Say Investment Bankers
11.02.2011
Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and investors more
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Way Out Of Recession As Seen By Foreign Investors
10.20.2011
The Foreign Investors Council (FIC) proposes the return to a 19% VAT as a solution to revive consumption and economic growth, reducing social security contributions and increasing the absorption of EU more
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Romania Could Slip Back Into Recession Anytime, PM Says
10.18.2011
Romania could slip back into recession anytime next year, Prime Minister Emil Boc said Tuesday, adding the Government needs to continue its restructuring measures and prioritize investments. more
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Exit From Recession Becomes Imperceptible
08.17.2011
The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the third more
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Steel Industry Between Massive Layoffs And 50% Wage Raises In Recession
06.27.2011
The employees of steel companies, whose businesses made a significant recovery from the crisis thanks to a surge in exports, were among the most privileged in terms of wage raises during the recession more
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EBRD: Greece’s Troubles Unlikely To Send Romania Back Into Recession
06.05.2011
Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, according to Peter Sanfey, lead economist at the European Bank for Reconstruction and Development. more