Will Romania post a current account surplus in 2015? It is possible, but we do not know how likely. What we do know is that the occurrence of a current account surplus was much more likely before the VAT rate cut in June 2015…
Preserving financial stability is crucial and this mission hinges a lot on the health of the banking sector, on the effectiveness of macro-prudential tools…
In a world of low interest rates, central banks might have to promote the humble word to the rank of policy instrument…
As the Romanian government expanded its Redeem Program, from old cars to old fridges and vacuum cleaners, I wonder if it could not extend it to communist time economics books, to be exchanged to market economy books of economics…