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Posted on: March 2nd, 2018 by RaduC No Comments

Romania - The next will be a government of sacrifice

02-22-2019 6:38 pm

And that will happen irrespective of the political leanings of the party. This should not take us by surprise. It comes with the procyclical policies which have been the mainstay of Romania`s development over the last decades, a country that boasts the highest level of economic volatility in the EU. It brought on record growth in favorable settings and equally remarkable dips in less friendly circumstances. If during times of economic growth the government adds tax and consumption incentives, subsequent corrections can only be severe. Adjustments do not happen in the absence of a nudge, but occur mainly when the country does no longer enjoy the benefits of a positive international economic dynamic. Bragging, as it were, in the face of those who raise the alarm on how abnormal the current procyclicality is, that the economy shows no signs of weakness, is evidence of being naïve. Let us remember

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Romania - The next will be a government of sacrifice

02-22-2019 6:38 pm

And that will happen irrespective of the political leanings of the party. This

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Who here wants euros?

02-08-2019 11:08 am

Romania has a new target date to join the eurozone:2024. That was an occasion

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The future of the Romanian mandatory private pensions hangs in the balance

02-03-2019 9:03 pm

No business in the world is possible unless one condition is met: that both

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On the trinity for the economic agnostics

01-25-2019 8:37 pm

“Somebody asked me the other day if I saw a threat of a self-induced

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The wealth destruction of the Romanian households

01-11-2019 3:26 pm

I know that it sounds grand and dramatic. Mainly in Romanian, as in the Anglo-Saxon

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