Allianz Trade | Romania Feed

The level of inflation on the markets of Central and Eastern Europe is expected to rise or stay above the target ranges of central banks by the end of 2024, as April brought renewed prices increases in Poland, Czechia and Hungary, after a year when inflation registered a stronger-than-expected decline in the region, shows an analysis conducted by Allianz Trade.

Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficits of around 5%, reveals a country risk analysis conducted by Allianz Trade.

The number of insolvencies in Romania decreased by 7% year-over-year in the first eight months of 2023, but a return to the growth rate is expected in the coming months, the factors being both conjunctural and/or seasonal as well as structural, according to Allianz Trade's latest Global Insolvency Report.

Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly since the start of Russia’s invasion of Ukraine, as per an analysis by Allianz Trade.

The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in 2019.

The global insolvency index, which covers 44 countries that represent 87% of the global gross domestic product (GDP), recorded in April-June 2022 period the first quarterly increase of 8% after 2020, being very close to the moment when it will register a double-digit acceleration, immediately after the third quarter, as per an analysis by Allianz Trade.

Euler Hermes, the world leader in trade credit insurance, opens a new chapter in the history of insurance, becoming today, Allianz Trade. Since 2018, the company has been part of the Allianz Group, so the new identity highlights the group’s performance and is a major advantage in supporting the strategic plan for the next three […]