Analysts' perception on Romania economy prospects improves

Marţi, 1 martie 2011, 20:20 English | Business

The economic prospects of Romania for the next six months have improved, according to a poll by German institute ZEW and Erste Bank among financial analysts. The respondent's expectations about the evolution of inflation and of the Bucharest stock exchange evolved negatively, however, according to news agency Mediafax. Overall, the current economic situation in Romania is seen way better by analysts now than in the Q4 2010 poll in this regard.

Most respondents expect an improvement of Romanian currency leu in the next six months, but their number is slightly down, as is that of analysts who expect the leu to lose ground, as a large number of respondents expect the Romanian currency to remain relatively unchanged.

Regarding inflation, analysts expect prices to rise faster in Romania in the upcoming period. Expectations about the evolution of the BET index of the Bucharest Stock Exchange are still positive, but way below the level of the previous poll.