report

Macroeconomic balances suffer a significant deterioration because of the government pro-cyclical policy to stimulate consumption. The pro-cyclical policy led to an increase in the trade and current account deficits and amplified the depreciation pressures of the local currency,...

Romania ranks 45th in the Doing Business 2018 ranking by the World Bank (WB), with a total score of 72.87 points, right under the Republic of Moldova (44th position). Although Romania’s overall score this year is 0.17 points...

Alexandru Petrescu, Minister for Business Environment The Ministry for Business Environment, Commerce and Entrepreneurship has asked Romania’s commercial attachés from Romanian embassies to come to the country in mid-July and bring reports on their work from recent years...

Romania is the European country where the largest number of jobs will be lost following the automation – about 61.93% of the current jobs, draws the attention the National Bank of Romania, in the first Financial Stability Report...

Credit institutions have tightened credit standards for the population in the first quarter of 2017 for both consumer credit and home and land loans (mortgage loans), according to the lending survey conducted by the National Bank of Romania...

The old systemic risks to Romania’s financial stability have diminished, some remain „moderate”, others have disappeared, but a new one has emerged: the risk of accelerating real estate prices, still low, according to the report of the National...