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Tag: expectations

FDIs expected to amount to €5 bln in 2009, half the 2008 level

Over half of last year’s investments (51.3 percent), namely €4.87 bln, were net participations in the share capital of Romanian companies. Also, the net credit received by companies from foreign direct investors, including from within the group, made up 48.7 percent of the net...

Analysts expect the leu to appreciate against the euro

“I believe that the current exchange rate is a bit high. Economically, I believe that an exchange rate fluctuating between RON 4-4.3 per euro would be much better,” said the Chief Economist of Raiffeisen Bank Romania, Ionut Dumitru. “Regarding the events on the political...

IMF to return with greater expectations

According to sources close to discussions between the Romanian government and the IMF, the international fund will not prove as lenient as before in terms of targeted goals. Even though Romania managed to maintain control over its budget deficit in the first six...