Tag Archives: IMF

This Friday and Saturday, Japan will play host to the meeting of the G7- finance ministers and central bank governors. The gathering of the finance elite from the 7 wealthiest developed countries (representing more than 64% of the net global wealth) will take place in Sendai, about 70 km north of Fukushima. The choice of Sendai is designed to highlight reconstruction …

Romania’s economy seems to be good shape at the moment. General business-activity is picking up and real-estate is coming back. In plus, public-sector wage hikes, several tax cuts, low interest rates and cheap fuel prices are currently boosting consume – whether it’s on new cars or at Carrefour. Sales of the French retailer in Romania rose by 13.6% in 2015. …

According to Oxford Economics, right now the main risk for the Romanian economy is a strong slowdown of China’s economy, which would delete 2% of the estimated growth of Romania’s GDP. But no worry. So far, Oxford Economics’ own forecast is for Chinese growth to ‘slow gradually’ over five years from the current 6.9% to as little as 2.9%. This …