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Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions ( %) World GDP growth 1.3 -2.3 3.9 2.6 2.1 2.1 2.7 2.9 2.9 2.9 EU27 GDP growth 0.2 -4.3 2.1 1.6 -0.3 -0.4 0.8 1.4 1.5 1.5 Euro region GDP growth 0.2 -4.3 2.0...
Outlook for 2013-17 The government led by Victor Ponta , comprising parties from the Social Liberal Union (USL) , technocrats, has a large majority , is in a strong position to pursue its policy agenda in 2013-16. Romania's membership of the border-free Schengen group will be decided at the end of 2013: opponents cite the region's failure to reform the judiciary , tackle corrupt...
Romania : risk assessment Sovereign risk Currency risk Banking Market risk Political risk Economic structure risk region risk May 2013 B BB B BB BB B Download the numbers in Excel Sovereign risk Public debt has risen since the crisis, but remains low, at 34 % of GDP, , is not expected to rise above 40 % of GDP in the coming years. Currency ri...
Data , charts: Quarterly data 2011 2012 2013 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr General government finance (Lei bn; cumulative) Revenue 43.4 46.6 50.0 45.7 47.3 48.1 52.1 -146.1 Expenditure 49.5 49.0 60.2 49.1 50.7 48.5 59.7 -156.7 Balance -6.1 ...
Romania : region outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The Social Liberal Union (USL), the political alliance of the Centre-Left Alliance of the Social Democratic Party (SDP) , the National Union for the Progress of Romania (UNPR), , the Centre-Right Alliance of the National Liberal Party (NLP) , the Conservative Party (CP), won a resoundi...
Employment, wages , prices 2008 a 2009 a 2010 a 2011 a 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b The labour Industry (av) Labour force (m) 9.3 c 9.3 c 9.3 c 9.3 c 9.3 c 9.2 9.2 9.2 9.2 9.2 Labour force ( % change) -0.1 c -0.1 c 0.0 c -0.1 c 0.0 c -0.1 0.0 0.0 -0.1 -0.1 Employment (m) 9.0 ...
Event The central bank governor, Mugur Isarescu , has announced that the bank will institute a round of interest-rate cuts, starting at its next board meeting on July First . Analysis The announcement of a proposed change ahead of a board meeting is highly unusual, , reflects the view that the majority of financial indicators are on an improving trend , that higher priority should be ...
Event The central bank governor, Mugur Isarescu , has announced that the bank will institute a round of interest-rate cuts, starting at its next board meeting on July First . Analysis The announcement of a proposed change ahead of a board meeting is highly unusual, , reflects the view that the majority of financial indicators are on an improving trend , that higher priority should be ...
BUCHAREST ( Romania ), May 9 (SeeNews) - Romania's unemployment rate edged down to 5.29 % in April from 5.58 % a month earlier, the government's employment agency, ANOFM, said on Thursday. Last month, the northeastern county of Vas...
Romania's central bank has cut its end-year inflation forecast to 3.2 % y/y under the latest Quarterly Inflation Outlook released on 2013-05-08 , down from 3.5 % y/y forecasted in February. Actual inflation will come within the targeted band at an earlier moment, probably in September. Headline inflation was 5.25 % at the end of March. Commenting disinflation, central bank governor Mugur Isare...
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