forecasts
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National Bank cuts ROL appreciation forecasts down to 2%
Will we see a faster depreciation of the domestic currency against the 60% EUR/40% USD basket? Will inflation stop below 13-14%, the level forecast at the beginning of the year? Hard to say....
Foreign firms in Romania have different business forecasts
International companies operating in Romania anticipate that their economic activity will accelerate in the second quarter of this year, but also project a reduction in the number of their e...
Government maintains economic growth forecasts
The 5.2% economic growth forecast for this year maintains and stands all the chances of being exceeded, Development and Prognosis minister Leonard Cazan yesterday said. He says the pessimism...
Reserved forecasts for Terapia
Drugmaker Terapia Cluj-Napoca will distribute to its shareholders a gross dividend of 244 ROL/share from last year's $7.24 million profit (239bn ROL).Terapia shares last traded for 4,450 ROL...
EIU, downward revision of Romanian forecasts
The analysts of the Economist Intelligence Unit (EIU), a division of The Economist Group have revised their economic growth forecasts for Romania from 4.8% to 4.6% for 2003 and from 5.3% to...
Romanian economy, between gloomy forecasts and great expectations
How did the Romanian economy do in the first quarter? Did the gloomy forecasts (industrial output decline and disinflation slowdown) actually come true? Are the initial estimates (5.2% growt...
EIU forecasts 5% growth
Romania's economic growth will be somewhere in the neighbourhood of 5% per year throughout 2004-2007, while this year's GDP is projected to grow by 4.8%, a survey by the Economist Intelligen...
Isarescu picks "lucky" number for inflation forecasts
The National Bank of Romania (NBR) Governor, Mugur Isarescu, is hoping next year's inflation level will not exceed 13%, although the 2003 budget draft estimates a 14% level. The Governor als...
ROCS forecasts IT&C trends
ROCS forecasts IT&C trends