Report
Research Team

Romania Coverage Feb 5-6

Insurance market rises by 4.5% y/y to over RON 10bn in 2018
Ruling partners are allegedly in disagreement over 2019 budget
Update on foreign holdings
Petrom net profit jumps above expectations y/y to RON 1.4bn in Q4
Passenger vehicle registrations drop by 10.7% y/y in Q4
Finance ministry plans to borrow more than RON 2.1bn from local market in February
Competition watchdog sees price increases triggered by bank tax bill
Overdue debt on bank loans drops by milder 10.8% y/y in December
Economic growth forecast in 2019 is excessively optimistic – Fiscal Council
Retail trade halves growth to 2.7% y/y in December, food sales rise edges up
Fitch doubts 2019 fiscal target will be met, says bank tax remains uncertain
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