wiiw Current Analyses and Forecasts
Romania: New government relaxing the budget
in: Fasting or Feasting? Europe - Old and New - at the Crossroads
wiiw Current Analyses and Forecasts No. 10, July 2012 , pp. 82-85
In Romania the new, centre-left government concentrates power and dilutes fiscal austerity. Controversy between government and president increases political uncertainty. The economy may come out of technical recession based on household demand and exports in the second half of the year.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Romania, SEE