Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου: Δισεβδομαδιαία Επισκόπηση 19 Σεπτεμβρίου - 2 Οκτωβρίου 2023

Countries in Focus in this Issue: Romania & North Macedonia

ROMANIA
Fiscal consolidation stalls as post-COVID-19 cyclical tailwinds dissipate 
Fiscal rebalancing is set to regain pace in 2024, with the budget deficit unlikely to fall below the 3.0% of GDP mark earlier than in 2026
The NBR is set to remain cautiously tight until late mid-2024, when inflation is projected to fall below the current level of the policy rate

NORTH MACEDONIA
Slowing private consumption curtailed further (already weak) GDP growth in Q2:23, as elevated inflation and high interest rates weighed on households’ purchasing power 
The economy should continue to expand sluggishly in the short-term, underpinned by solid growth in fixed investment

 

APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT: MACROECONOMIC INDICATORS & FINANCIAL MARKETS

 

Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου: Δισεβδομαδιαία Επισκόπηση 19 Σεπτεμβρίου - 2 Οκτωβρίου 2023
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