Yıl 2019, Cilt 1 , Sayı 1, Sayfalar 28 - 32 2019-07-31

Romanian rebound after the crisis and the re-launch of the banking credit
Romanian rebound after the crisis and the re-launch of the banking credit

Magdalena Radulescu [1] , Dita Sandra [2]


During the 2007 crisis, Romania faced many economic challenges: a rise of inflation, large exchange rate fluctuations, drop of the banking credits, a high share of non-performing loans, drop of the banking profitability ratios. Starting with 2014, the Romanian economy has rebounded. The banking system relaunched its increasing trend of banking loans, mainly for consumption, the wages increased and the economic growth reached the highest level in the European Union (EU) area. The public debt and current account deficit largely increased, public deficit is higher than 3%, the inflation re-surged at high levels and the economic growth is mainly based on consumption which couldn’t be sustainable in the long-run.

(Retrieved Video Article from:  https://www.youtube.com/watch?v=Gm7Ebehww0c)


During the 2007 crisis, Romania faced many economic challenges: a rise of inflation, large exchange rate fluctuations, drop of the banking credits, a high share of non-performing loans, drop of the banking profitability ratios. Starting with 2014, the Romanian economy has rebounded. The banking system relaunched its increasing trend of banking loans, mainly for consumption, the wages increased and the economic growth reached the highest level in the European Union (EU) area. The public debt and current account deficit largely increased, public deficit is higher than 3%, the inflation re-surged at high levels and the economic growth is mainly based on consumption which couldn’t be sustainable in the long-run.


(Retrieved Video Article from:  https://www.youtube.com/watch?v=Gm7Ebehww0c)

economic crisis, banking credit, macroeconomic environment, Romania
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  • www.bnro.ro (National Bank of Romania).
Birincil Dil en
Konular İktisat
Bölüm Araştırma Makaleleri
Yazarlar

Orcid: 0000-0002-4050-8170
Yazar: Magdalena Radulescu
Kurum: University of Pitesti
Ülke: Romania


Yazar: Dita Sandra
Kurum: University of Pitesti
Ülke: Romania


Tarihler

Yayımlanma Tarihi : 31 Temmuz 2019

APA Radulescu, M , Sandra, D . (2019). Romanian rebound after the crisis and the re-launch of the banking credit. Journal of Ekonomi , 1 (1) , 28-32 . Retrieved from https://dergipark.org.tr/tr/pub/ekonomi/issue/45934/576140