0 CHECKOUT

Country Risk Service Romania Updater

  • ID: 2101378
  • June 2016
  • Region: Romania
  • 22 Pages
  • The Economist Intelligence Unit
1 of 3

The negative effect of tax cuts and of increases in wages and pensions on the 2016-17 budgets may be offset by strong GDP growth, improved tax collection and better absorption of EU funds. However, The Economist Intelligence Unit expects a sharp widening of the ESA 2010 budget deficit this year and next, putting Romania in breach of EU fiscal rules.

Domestic political instability ahead of the November parliamentary election will compound investor uncertainty and may result in exchange-rate volatility for the leu. Given these concerns and the outgoing government's pro-cyclical fiscal policies, the National Bank of Romania (the central bank) will pursue a cautious monetary policy.

The ratio of non-performing loans fell sharply in 2014-15, and this trend is expected to continue, albeit more modestly, in 2016. Local subsidiaries of Greek banks account for about 12% of total banking assets in Romania, but they have strong capital-adequacy ratios to protect depositors.

Note: Product cover images may vary from those shown
2 of 3

Country Risk Service Romania Updater

Risk assessment
Sovereign risk
Currency risk
Banking sector risk
Political risk
Economic structure risk

Definitions
Sovereign risk
Currency risk
Banking sector risk
Political risk
Economic structure risk
Overall country risk

Central scenario for 2016-20: Political stability

Central scenario for 2016-20: Election watch

Central scenario for 2016-20: International relations

Central scenario for 2016-20: Policy trends

Central scenario for 2016-20: Fiscal policy

Central scenario for 2016-20: Monetary policy

Central scenario for 2016-20: Economic growth

Central scenario for 2016-20: Inflation

Central scenario for 2016-20: Exchange rates

Central scenario for 2016-20: External sector

Key risk indicators

Ratings summary

Quarterly indicators

International assumptions summary

Economic structure

Public finances

Exchange rates, interest rates and prices

Financial sector

Current account

International liquidity

Foreign payment and liquidity indicators

External trade

External financing requirement

External debt stock

External debt service

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This country profile will be emailed to you The country profile is sent in PDF format. This is a single user license, allowing one specific user access to the product.

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS from Db

Our Clients

  • Aol, Inc.
  • Accenture PLC
  • Unilever N.V.
  • Nestle S.A.
  • KPMG
  • Mintec Ltd
  • Roland Berger Strategy Consultants