Romania: Getting better, but still vulnerable

8/30/2013 - Report
ic_blogtagRomaniaBusiness ClimateCountry RiskGrowthTrade
Gradually improving economic prospects. Fiscal consolidation is on track but official targets seem optimistic. Easing inflationary pressures would allow further monetary easing. The banking system is still vulnerable.

Current account deficit narrows but pick-up in portofolio investment needs monitoring. Foreign exchange reserves stagnating. External debt to decline going forward.

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Romania: Getting better, but still vulnerable - Report