Moneycorp Business Outlook: What do business people think about Romania’s economic development

The Romanian economy will stagnate this year, a 2023 in which concerns about uncertainties associated with macro-economic conditions will be at the forefront, as shown by the findings of the 5th edition of the Moneycorp Barometer on the state of the Romanian economy. The high investment potential, supported especially from the European funds area, as well as the positive expectations related to the stability of the exchange rate are seen by the executives of the Romanian companies as the main arguments for a positive economic evolution.

According to the survey, which involved 1102 companies from various sectors such as IT&C, insurance, equipments, raw materials, energy, FMGC or tourism, 2023 is the year of caution.

32% of managers surveyed in the 5th edition of the Moneycorp Barometer expect economic stagnation in 2023, while another 28% see marginal economic growth. An identical 28% see a mild recession this year, while 12% of executives are pessimistic, betting on a severe economic downturn in 2023.

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