Business cycle

Industry barometer reveals Romania's industry partially recovered in Sept., yet future uncertain

Romania's industry partially came out of depression in September 2019, but the mood among the companies has not changed significantly as against August, although managers seem to be a little more optimistic, according to the Romanian Industry Barometer released on Thursday.

German Finance Minister: We Have What it Takes to Deal with a Possible Economic Crisis

The German economy will be able to counteract a possible economic crisis, Finance Minister Olaf Scholz said today in an interview with the public broadcaster ARD, quoted by Reuters.

The minister, however, added that he did not expect a crisis as severe as the one that had occurred in 2008-2009.

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