Ciprian Dascalu News Today

(Bloomberg) -- Poland’s central bank will likely press ahead with interest-rate cuts as inflation ebbs in the first monetary decision since the opposition won a majority in last month’s election. Rates will probably stay on hold in Romania. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Dela...

Romania's currency nearing the level of RON 5 to EUR prompted comments from analysts, who, however, believe that the nominal depreciation is a natural effect of macroeconomic balances but will not exceed 2%-2.5% this year in nominal, annual average terms. The currency strengthened from close to...

The Banca Comerciala Romana (BCR) revised downwards the inflation forecast for the end of 2023, from 8.7pct to 8pct, due to the anticipation of...

BUDAPEST — Central Europe’s economies roared ahead in the first quarter due partly to robust domestic demand, preliminary GDP data showed on Tuesday, but…

Central Europe’s economies roared ahead in the first quarter due partly to robust domestic demand, preliminary GDP data showed on Tuesday, but surging inflation and the impact of the Ukraine war are set to dampen growth later this year. While an outright recession at the moment looks unlikely in the region’s economies, rising rates will ...

(Bloomberg) -- Romania’s economy advanced less than forecast in the third quarter as uncertainty over the pandemic, surging energy prices and supply chain disruptions hit industries across the board.  Gross domestic product grew a preliminary 7.

Romania’s Economy Outshines Rest of EU After Shunning Lockdown Bloomberg 16/02/2021 Andra Timu (Bloomberg) -- Romania’s economy outperformed the rest of the European Union last quarter as the government opted not to impose the kind of harsh lockdown that shuttered most of the continent. © Getty Representational image Output not only grew from the previous three months, but surged more than 10 times what analysts had expected. The expansion of 5.3% puts it ahead of all o...