The European Commission published on November 5th the recommendations by a group of experts, the Strategic Forum on Important Projects of Common European Interest, to boost Europe’s competitiveness and global leadership in six strategic and future-oriented industrial sectors: Connected, clean and autonomous vehicles; Hydrogen technologies and systems; Smart health; Industrial Internet of Things; Low-carbon industry; and Cybersecurity.Citeste mai mult
In January – May 2019, the balance-of-payments current account posted a deficit of EUR 3,401 million, compared with EUR 2,564 million in January – May 2018. The deficit on trade in goods widened by EUR 1,476 million, the surplus on services income increased by EUR 116 million, the deficit of the primary income balance narrowed by EUR 778 million, and the surplus of the secondary income balance decreased by EUR 255 million according to the National Bank of Romania‘s press release dated July 15.Citeste mai mult
The Capital Markets Union project has been at the heart of this Commission’s ambition to boost growth in Europe, invest in innovation and promote the EU’s global competitiveness. With now 11 out of 13 proposals agreed, the CMU will become a true driver of investment in the Single Market, providing additional sources of financing to EU companies and opportunities for citizens to save for their future according to the press release of the European Commission.Citeste mai mult
The European Commission published this month the Country Report for 2018, in terms of investments, Romaniaʼs net international investment position (NIIP) has continued to improve. The NIIP reached -49.9 % of GDP in 2016, almost 5 percentage points above the 2015 level.
The European Investment Bank Group, comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided close to EUR 1.9bn of new loans, guarantees and equity investment in Romania in 2017. More than EUR 1.3bn in loans came from the EIB and EUR 551m from the EIF in the form of guarantees and equity investments in small businesses to sustain their growth. The EIB Group’s support for Romania therefore represents some 1.04% of the country’s GDP, placing Romania fifth among EU Member States in this respect, and above the EU average of 0.46%. The group concluded four operations under the European Fund for Strategic Investments (EFSI), which is part of the Investment Plan for Europe.
The year is almost done so you better start considering how to invest your money in the coming year. Past performance is not a guarantee of future performance. After reviewing your results you can decide if it’s the right time to make a change in order to increase your company’s profit or stick to the old strategy.