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ZEW Survey : The perspectives of the Romanian economy, the best in the region

The perception of financial analysts regarding the evolution of Romania’s economy for six months improved in April, becoming the best in Central and Eastern Europe, after in March Romania was situated third in the region, according a survey of the ZEW institute.
The indicator which measures the expectations of the financial experts regarding the economy in the next six months went up by 5.5 points, at 50 points, the maximum between the states analysed in ECE.

Romania went up on first position after the countries placed on the two places in March recorded drops, 12.2 points and 40.4 points for Hungary and 22.4 points and 28.9 points in the case of Croatia. After Romania there were Hungary and Slovakia ( 30.2 points) Mediafax informs.

All states in the region analysed by the Austrian institute ZEW in collaboration with the financial group Erste have positive perspectives. For Central and Eastern Europe the indicator for analysts perception recorded an improvement of 4.8 points, at 18.7 points.

Depending on the perception of the present economic situation, Romania was on the last but one position in the region, similarly to March, in spite of an improvement of 7.6 points of the indicator, at -22 points. The only economy with a weaker situation is Croatia, after the worsening of 9.3 points against March at -23.7 points. The third economy in the region negatively evaluated is Hungary, the last place in March, but which had an increase of 17.9 points, at -14.6 points of the indicator regarding the present situation.

For Central and Eastern Europe, the indicator of current economic situation went up by 20.2 points, at 22.5 points.
The expectations regarding the evolution of the stock exchange in Bucharest improved in April, the indicator regarding the evolution of the BET indicator, which includes the most liquid ten tradings on the stock exchange, advancing 6.6 points to 51.4 points. The indicator regarding the perspectives of NTX indicator for Central and Eastern Europe went up by 5.4 points to 53.8 points. The financial specialists have the highest expectations for the stock exchange in Poland, followed by Romania and Turkey.
The perspective of the leu evolution against the euro for the next six months improved in April, and the indicator calculated by ZEW went up by 1.3 points, at 32.5 points. The financial specialists have higher expectations only for the Polish zlot, the Czech kron and the Croatian kuna, and weaker for the Turkish lira and the forint.
In the survey, there were 89 financial experts between 28 March and 11 April. The ZEW Erste report includes data about the Czech Republic, Croatia, Hungary, Poland, Romania, Slovakia and Turkey.

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Monday, April 18, 2011