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Romania’s economy will contract by 4.8% of GDP this year, according to the revised forecast of the International Monetary Fund (IMF), a slightly more optimistic evolution than previously forecasted, of -5% of GDP, according to the World Economic...

The data included in the autumn report of the World Bank „COVID-19 and Human Capital” which brings the forecast for Europe and Central Asia countries up to date shows the scepticism of this institution’s specialists regarding a rapid...

The deterioration of investors’ confidence in emerging economies and the default risk of loans to companies and population are the biggest risks to financial stability in Romania, according to a report published on Thursday by the National Bank...

The International Monetary Fund (IMF) recommends Romania a „comprehensive revision of the tax system,” according to the institution’s 2018 annual report. The recommendation has been issued in the context of the need to focus the tax policy on...

The consistency of the measures needed to encourage public and private investment, as well as proposals for the development of the four major areas considered to be potentially competitive, are included in an AmCham report on the importance...

The policy of provisional status, promoted by the Government in the management of the state-owned companies, places serious obstacles to Romania’s pathway towards a member country of the Organization for Economic Cooperation and Development (OECD). The ability of...