Among EU countries, Romania suffered a relatively shallow recession in the COVID-19 crisis, aided by macroeconomic …

This paper discusses recent economic developments, outlook, and risks related to the Romanian economy. Romania made …. Governance problems have received more attention recently, and Romania has made progress compared to its peers in the fight …

has decreased markedly in Romania in recent years. Key factors in this trend were oil and food price developments and, in … particular, the recent reduction in the VAT rate. Romania has undertaken a strong fiscal consolidation since 2010, which reduced … expenditure to among the lowest in the region. Minimum wages in Romania have risen sharply, which could directly affect wage …

This 2017 Article IV Consultation highlights Romania's strong economic growth in 2016, resulting in a closed output gap …

This paper discusses Romania's Ex-Post Evaluation of Exceptional Access under the 2013 Stand-by Arrangement. Romania …

strength of the trade and financial channels in Hungary, Poland. and Romania. The Bayesian results indicate that both the trade … and financial channels are strongest for Romania, possibly owing to the expansion of financial balance sheets and lower … currency appreciation, although the magnitude of appreciation is less in Romania compared with peers. The trade channel is also …