futureofromaniaJun 271 min readAnalysis of the Day: Young people are more open to investing and saving, but do not yet have the necessary resources, while older people, although they have resources, are not informed XTB Romania Saving and Investing Survey: Summary Findings: Majority (56%) considers saving, but a significant minority (44%) doesn't due...
futureofromaniaJun 272 min readAnalysis of the Day: Romania is still far from the euro zone. The convergence report of the European Central Bank: Inflation, deficit, interest rates in Romania are far above the reference values Summary of Romanian Euro Adoption Prospects Key Findings: Romania does not meet any of the Maastricht criteria for euro adoption:...
futureofromaniaJun 271 min readAnalysis of the Day: Financial analysts expect the economy to grow by 1.9% in 2024 and the budget deficit to be 6%. Inflation will reach 5.45% in 12 months and the exchange rate will reach 5.0605 lei Summary of CFA Romania Economic Forecasts Findings: Leu to depreciate against the euro (average exchange rate of 5.0605 lei/euro in 12...