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

Clicks: 343
ID: 5459
2019
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Abstract
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
Reference Key
magdalena2019romanianjournal Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Magdalena Radulescu;Dita Sandra and
Journal journal of ekonomi
Year 2019
DOI
DOI not found
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Keywords
economic crisis banking credit macroeconomic environment Romania

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