Romania: Current account deficit continues to widen
After three quarters of 2019, the current account deficit stands at EUR8.1 billion, 19% wider than in the same period of 2018. Only half of it is covered…
Romania: Is the mid-year budget deficit out of control?
After the first six months of the year, Romania's budget deficit hit 1.94% of GDP. We are not changing our budget deficit forecast of 3.0% of GDP.…
Romania: Current account looks bad
After four months of 2019, Romania posted a EUR2.3 billion C/A deficit, 38% more than the same period of 2018. How long can the policymakers stay in denial?
At EUR-3.6 billion, this is the highest first quarter trade deficit since 2008. With no correction in sight, the RON looks condemned to depreciate
The current account (C/A) deficit widened 34% in Jan-Feb 2019 compared to the same period of 2018. The central bank is right to be worried
Romania: Still unfavourable current account developments
Romania: Cash budget deficit within target for 2018
Romania: Current account deficit at -4.0% of GDP in October