Romania: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania
September 26, 2022
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After a solid recovery from the pandemic, Romania is now, like other EU countries, facing strong headwinds related to the war in Ukraine. Output reached pre-crisis levels in H1 2021 and growth in Q1 2022 was strong. But inflation has risen rapidly, and the external and fiscal positions are weak. The authorities are implementing a support package of energy price caps and subsidies for vulnerable groups.
Subject: Consumer price indexes, Energy prices, Fiscal policy, Fiscal stance, Inflation, International organization, Monetary policy, Prices, Public debt
Keywords: cap scheme, Consumer price indexes, Energy prices, EU accession, EU funds, EU membership, Europe, Fiscal stance, Global, Inflation, inflation expectation, inflation outlook
Pages:
68
Volume:
2022
DOI:
Issue:
310
Series:
Country Report No. 2022/310
Stock No:
1ROUEA2022003
ISBN:
9798400220180
ISSN:
1934-7685
