Crisis Romania

23
January

The Economy of Romania 2010: Outlook and Forecasts for the Romanian Economy

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What are the prospects for the economy of Romania 2010? Is it realistic for the Romanian economy to recover in 2010? First, Romania-Central will give a short resume of the last year and then present you an economic outlook for Romania 2010. Happy new Year 🙂

Please note that updated, detailed data is linked from the resume below for 2009 or on our Economy page.
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Category : Crisis Romania | Economic Forecast | Economic Outlook | economy | Economy of Romania | News | Blog
18
March

Romania entering Recession due to the financial Crisis?

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Not one year ago, growth prospects for the GDP in Romania were rather optimistic, several forecast institutions predicted GDP growth to be much above the EU-Average for 2009 and even onwards. With some delay, after the breakout of the fincial crisis GDP growth estimations for Romania were gradually downsized.

Update Note: a Resume of 2009 and data for the economy of Romania in 2010 is available here.
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Category : 2009 | Crisis Romania | Economy of Romania | News | Blog
10
March

When talking about the public debt and external debt of Romania we have to face a twofold truth. First: the public debt of Romania is rather low, by both interational and European standards. The same is true, second, for external debt. On the other hand, newspapers all over the world report currently that Romania is in danger of national bankruptcy and might need external help to avoid default. The International Monetary Fund, IMF, and the EU are said to be the fitting institutions in this regard. Joaquin Almunia declared already that the EU is ready to assist Romania with a loan if needed to avoid national insolvency. So, the question is, how comes, that Romania seems to enter again into financial troubles? Is it all the fault of the financial crisis?
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Category : 2009 | Crisis Romania | Economy of Romania | News | Politics of Romania | Blog
22
February

The Economy of Romania in and after 2009

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Though the future prospects for the economy of Romania looked quite fine during 2008 the question now is how will Romania proceed in 2009 and thereafter?

Update note: data for the Romanian economy 2010 is available now!
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Category : 2009 | Crisis Romania | Economy of Romania | News | Politics of Romania | Blog