Clik here to view.
Global steel predicament casts shadow over Romania’s iron and steel industry
The outlook for Romania’s steel industry is mixed: while some companies invest in new production facilities, or in upgrading existing ones, one large global steel group [Mechel] mulls over pulling out...
View ArticleClik here to view.
Euro 2012 soccer championship paved way for a better transport infrastructure...
The Polish transportation sector registered positive performance in 2011 in terms of freight volume and service revenues. Freight transportation increased by 6.5% y/y to 1.9bn tonnes in 2011, supported...
View ArticleClik here to view.
Ukraine’s currency may have to be devalued
The IMF has maintained its GDP growth forecast for 2012 at 3% y/y compared to 5% growth recorded in 2011. In 2013, the GDP growth is expected to reach 3.5%. The global slowdown of economic growth has a...
View ArticleClik here to view.
Romania’s central bank admits inflation slips outside target band by end-2013
Romania’s central bank has raised the year-end inflation projections by 1.9pps to 5.1% y/y for 2012 and by 0.5pps to 3.5% y/y for 2013, according to its Quarterly Inflation Report released on Nov 7....
View ArticleClik here to view.
Deleveraging continues in Romania
Foreign banks’ exposure against Romanian banking system down 11% y/y at mid-2012, XR effects filtered out. The exposure* to Romanian banks of BIS-reporting Western banks, assets alone, decreased...
View ArticleClik here to view.
Rise in Romania’s public debt eases as fiscal consolidation advances.
Romania’s public debt edged up a modest 0.1pps ytd to 34.8% of GDP [ESA methodology] at the end of October 2012 – after it nearly tripled since the end of 2008. The domestic public debt expanded...
View ArticleClik here to view.
Investment funds rising as rivalry to bank deposits
The capitalisation of investment funds sold on the Romanian market increased by more than EUR 2bn from some EUR 0.2bn at the end of 2008. By comparison, households’ bank deposits increased by EUR 5bn....
View ArticleClik here to view.
Ukraine’s financial sector bites the bullet
Ukraine’s economy contracted 1.1% during the first quarter of 2013. The gross domestic product (GDP) in current prices amounted to UAH 301.598bn in Q1. In q/q terms, the GDP grew by 0.6%, which was...
View Article
