The economic growth of Romania estimated for this year is situated between 2% and 2.5% against 4% three weeks ago, before the beginning of the conflict in Ukraine,stated Mihai Purcarea, member of the CFA Society Romania board, in a speciality event which presented a CFA Romania survey.According to the survey, 23% of the interviewees expect an economic growth between 2.5% and 3% and 22% under 2%. 13% of the participants to the survey expect a growth of over 4%.Asked about the expectations regarding the average inflation of this year, 31% of the participants expect inflation of over 10%, 27% an inflation covered between 9 and 10%, and 24% an average inflation of 8-9%.When referring to the exchange rate, most participants to the survey (38%) estimated an exchange rate of 5-5.05 lei/euro on 31st December 2022, and 24% an exchange rate of 4.95-5 lei/euro.The ROBOR/three months is expected to be between 4% and 5% on 31st December 2022 by 40% of the interviewees, between 5% and 6% by 31% interviewees and between 3% and 4% by 19% of the interviewees to the survey.Similarly, the interests to the state bonds with maturity for 5 years are estimated at 5% - 6% on 31st December 2022 by 41% of the participants. 22% of the participants to the survey estimate values covered between 4% and 5% and also 22% values covered between 6% and 7%.Almost half of the participants to the survey (46%) expect that BET-XT of the most liquid 25 bonds on the stock market to increase this year by 0%-10% and 30% estimate a drop between 0% and 10%.
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
