Romania must implement an additional fiscal adjustment of 0.8–1.0 percentage points (pp) of GDP to meet its 2025 deficit target of 7% of GDP, according to a research report by Erste Group.

Romania’s turbulent politics is making investors wary that further fiscal steps needed to boost the European Union’s riskiest ...

March 6 (SeeNews) - Romania's Banca Comerciala Romana (BCR) Group, part of Austria's Erste banking group [ BSE:EBS ], said ...

Austria-based Erste Group said it expects the average economic growth of the Central and Eastern Europe (CEE) region to ...