Radu Craciun

In theory, the NBR (National Bank of Romania) has been aiming to hit inflation targets for more than a decade. In other words, every year it tried to stay inside the inflation range that it had previously announced. But there is quite a gap between theory and practice which is by no means a narrow […]

In this post I would like to refer to a recent statement made in Bucharest by a Director of Amundi, the leading financial assets manager in Europe. According to press reports, he declared that doing away with the private pensions Pillar II „would be a very good thing for foreign institutional investors. The Bucharest Stock Exchange […]

This is a confusion that I have often come across among foreign athletes or artists coming to Romania. A mix-up that the general public treated at times light-heartedly, and other times with indignation. A mix-up rarely made by foreign politicians. Until recently. And this time round with considerable implications and no connection to the speaker`s […]

Romania`s credit ratings have never been the best compared with other countries in the region, either in absolute, or relative terms. This resulted in enough voices wondering on various occasions whether Romania might be discriminated against by the credit rating agencies in relation to its neighbors. A topic that I see resumed today. Let us […]

Managing portfolio investments is a job in itself. One for which professionals study hard a highly complex field which is not within everybody`s reach. There are no shortcuts and the responsibility is huge as these people deal with other people`s money and not their own. Moreover, more often than not, they operate under the scrutiny […]