Radu Craciun

Donald Trump’s victory is becoming more and more the main scenario of the American elections. Hence, analyses assessing the consequences of such an outcome are multiplying. To this end, Mr. Trump’s decisions during the previous presidency and the statements he has made over the years, especially in the last period, are used as raw material. […]

The prosperity of a country cannot be reflected by a single indicator For many people, macroeconomic indicators are big unknowns. Concepts like the current account deficit or core inflation are not understood by most of the general public, or even by those in business, who prefer to ignore them. But this is not where the […]

Joining the eurozone was seen as a miraculous solution to all the economic problems the country had faced so far. Therefore, any way of achieving this goal, including manipulating economic statistics, was perfectly justified. With a debt of over 100% of GDP and a budget deficit of over 3%, Greece would have had no chance […]

I recently attended a conference on regional security issues with remarkable international participation. Evidently, the paramount topic in all presentations and debates was the war in Ukraine: what could have prevented it, how it is unfolding, what will be the wins/losses for Ukraine and Russia. And, given the military assessments summarized below, it should come […]

Over the last 6 months, we have heard countless comments about the delicate situation faced by Central Banks, forced to make a rather impossible choice: either to take on inflation, or try bypass recession. This is indeed an impossible choice since a continued increase in interest rates meant to hold back inflation would eventually lead […]

In recent weeks, we have witnessed a large number of debates, unfortunately including people who can not be suspected of malice or deception, which referred to the cowardice of Romania and those who lead it. The labeling was a consequence of the fact that, while most countries in the region took care to constantly make […]

After a long period of “blue sky” when any sign of a dark cloud was removed by the extremely low central bank interest rates and by investors’ frantic exhilaration (irrational, some would venture to say), emerging markets have started to become a serious cause for concern. Firstly, the overall macroeconomic landscape is about to turn […]