For the fifth consecutive year, Romania will miss its inflation target this year as well. According to the central bank, the annual inflation rate would be higher than forecasted. The deepening deficit and a halting of structural reforms might bring along a downgrading from Moody’s, the only agency still keeping Romania in the investment grade class. The warning came together with the 2011 and 2012 macro-economic forecast which confirms the end… Read More...
↧