Foreign trade balances now again in surplus in CE countries
Balances of foreign trade with goods and services are now again in surplus in CE countries (PL, CZ, HU). Foreign trade deficit has decreased also a lot in Romania since…
Romanian economy is closing the gap with Hungary and Poland
Forecasts released this week by the European Commission show that this year Romania might slightly outpace Hungary and Poland in terms of GDP per capita at Purchasing Power Standards, at…
Romania had a fast advance of retail sales in Q1 2023
Retail sales of food and non-food goods, excluding fuels, increased at a fast pace in Romania in Q1 2023, i.e by 3.4% in volume terms from Q4 2022. This was…
Romania: non-financial companies are now clearly favoring FCY loans
In Romania, propensity of non-financial companies to borrow in foreign currency (EUR particularly) surged starting in 2022 as RON lending interest rates increased much faster than EUR lending interest rates….
Nicolae Covrig
Telling pasionate stories about economy
Never stop dreaming. Never stop learning. Never stop giving.
