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Romania 6-Mo Econ Outlook Rises To 40.4 Points In November – Survey

Romanian economic outlook for the next six months improved in November from a month earlier, with the country advancing to top position in Central and Eastern Europe, a ZEW/Erste survey showed Thursday.
Romania 6-Mo Econ Outlook Rises To 40.4 Points In November - Survey
Alina NovaceanuIoana Tudor
16 dec. 2010, 15:13, English

Economic expectations for Romania rose 8.8 points to 40.4 points in November, the survey noted.

The assessment of the current economic situation in Romania increased 4 points on the month to minus 48.7 points, the second gloomiest assessment in the region after Hungary.

In Central and Eastern Europe, economic expectations on a six-month horizon declined by 8.7 points to 22.7 points in November.

ZEW-Erste Group Bank’s survey includes responses from analysts in Romania, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Serbia, Slovakia and Slovenia.