ZEW Survey: Romania – the most ample deterioration of economic perspectives
ACTMedia - 27 Iunie 2011
The perception of the financial analysts regarding the evolution of Romania's economy in the next six months recorded in June the most important worsening in Central and Eastern Europe, according to a survey of ZEW.
Romania dropped from the first position on the second position among the countries in the region function of expectations at six months.
The indicators which evaluate expectations for the next six months recorded a decline of 24.3 points in June to 25.8 points. Romania was overpassed by Hungary which had a decline of only 11.1 points to 34.4 points. Among the states of Central and Eastern Europe included in the survey only Turkey has negative perspectives ( -18 points) the survey made by ZEW in collaboration with the Austrian group Erste shows.
At the level of the region, expectations for the next six months recorded, at the same time, a considerable worsening, less than that for Romania. The indicator for Central and Eastern Europe dropped by 23.4 points to -2.5 points. Depending on the present situation of the economy, Romania is the last but one in the region, before Hungary. The indicator for Romania dropped by 7.8 points at -25.8 points and that for Hungary with -12.4 points at -35.1 points. Besides Romania and Hungary only Croatia with -15.1 points is negatively evaluated. For Central and Eastern Europe, the indicator for economic perception dropped by 16.5 points to 4.7 points.
The expectations referring to the evolution of the stock exchange in Bucharest improved in June, the indicator regarding the evolution of BET which includes the most liquid ten shares on the stock exchange, recording an increase of 14.3 points, to 40.8 points. The capital market of Romania is thus situated on the third position in the region after the ones in Hungary and Poland. The perspectives of the evolution of the leu against the euro worsened, and the indicator for the leu dropped by 11.4 points to 20 points. Better expectations have the zlot ( 50 points) and the Czech kron ( 39.9 points) while the Turkish lira is the weakest ( -2.3points). In the survey, made between 6-20 June with participation from 73 analysts the following countries in the Central and Eastern Europe were introduced : Bulgaria, Croatia, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Turkey.
Sursa: http://www.actmedia.eu
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