Romania: Trade balance stubbornly negative
The trade deficit widened by EUR1.57 billion in November 2018, up 39.4% from November 2017. The deficit after 11 months of 2018 reached EUR13.4 billion…
Romania: Central bank on hold at 2.50%, no change in tone
The National Bank of Romania (NBR) kept rates on hold in line with market expectations. We maintain our call for no rate change this year and three 25…
