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The Finance Ministry thanked the Central Bank for its policy to devalue the RON, the national currency. “The Central Bank, as an independent institution sets its own policies, but a weaker RON will definitely have a positive impact on our…
Read moreThe latest inflation reports made newspapers say “The crisis has brought inflation to almost the best rate for the Romanian economy”, and analysts note that “The annual consumer price dynamics slowed down from 2.14% in November to 2.06% in December,…
Read moreCentral banks seem more and more inclined to reinvent the role they play in the economy. Their boldness is a result of the fact that, faced with the dramatic turn of events during the 2008 crisis they shattered all taboos…
Read moreCarbon neutrality is the solution that European governments put forward to reach climate neutrality by balancing out CO2 emissions and removals. To get there, approaches bank almost exclusively on ways to dramatically reduce and store emissions. This short-sightedness puzzles me…
Read moreAt a time when most are wondering what the post-pandemic recovery would look like, a reasonable answer may be that no specific letter would provide a complete enough answer. Economies are made up of a large array of sectors and…
Read more(R*) China’s seemingly more efficient response to the pandemic refuels an older debate on the country’s economic success. The figures speak for themselves. According to the World Bank, 800 million people had been lifted out of poverty by 2018, making…
Read moreFor decades, businesses liked to parade a slogan which was music to all stakeholders’ ears: “Human resources is our most valuable asset”. Those who know me, know that I am not the person to shy away from uncomfortable questions, but…
Read moreDo you know those parties where everybody is having a great time and there comes a time when they all naturally want to open the champagne? And a guy immediately says “hold on, do not open the champagne for another…
Read moreWe are in a difficult period of transition with no compass for guidance. Despite desperate attempts to make the future more predictable by looking at past economic crises, I am convinced without a doubt that no previous experience that mankind…
Read moreSome cities around the globe can offer a unique experience when it comes to dining out called “Dinner in the dark”. This is basically having dinner in a pitch black room which completely deprives you of using what is probably…
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