Bloomberg: Romania, Hungary, Poland Close to Recession
Bloomberg announced that a significant crisis would soon affect Romania, Hungary and Poland. Eastern Europe is feeling the effects of the Ukrainian conflict as inflation...
Tag : economy
Romania’s E-commerce Sector to Increase by 13% YoY in 2022
Romania’s e-commerce sector might rise by 13-15% in 2022 compared to the gain of 10% in 2021, with the potential to expand the consumer base....
Survey: Central, Eastern European CEOs Estimate Major Decline in Business in 2023
Central and Eastern European CEOs estimate a decline in business in 2023 due to the Ukrainian-Russian conflict and the upcoming financial and economic crisis. According...
Statistics: Romania’s Construction Activity Up to 1%
Romania’s construction works volume index fell by 9.5% y/y in April and 3.4% compared to March. The index only increased by 1% in the first...
Romania: What’s Hidden Behind the Biggest Economic Growth in Q1 in EU
The European Union’s economy grew by 0.4% in the first quarter of this year compared to the end of 2021. The increase is 5.2% compared...
Romania’s Economy: Number of Dissolved Companies Increased by 25% in Q1 2022
The number of dissolved enterprises grew by about 25% in the first months of 2022. This is terrible news for Romania’s economy. According to data...
How to Survive an Economic Crisis – Easy to Use Guide
Surviving an economic crisis can be pretty tough for most employees, and this post aims to help those concerned about how they should cope with...
Romania’s Trade Deficit Increases by EUR 1.5 Billion in January, February 2022
Romania’s trade deficit grew by EUR 1.5 billion in the first two months of this year compared to 2021. As a result, the gap between...
Romania’s Economy Declines by 0.1% in Q4 2021
Gross domestic product in the fourth quarter of 2021 was lower, in real terms, by 0.1% compared to the previous quarter, Romania’s National Institute of...
Romania’s External Debt Exceeds EUR 134 Billion
Romania’s external debt skyrocketed in 2021: EUR 7.44 billion were added to the country’s debt, which now reaches EUR 134.2 billion. On December 31 of...
