Fiscal consolidation, shaken by the energy shock caused by the Middle East conflict

Orientul Mijlociu

The beginning of spring found the Romanian economy at a point of maximum tension between internal fiscal consolidation, persistent inflationary pressures and the external shock generated by the Middle East crisis, which reactivated global energy risks and quickly transmitted effects on the fuel market, on production costs and on inflation expectations. If February was the month in which the Government tried to combine economic recovery with budgetary discipline, March became the month in which

Tag-uri: Inflatie