By the end of 2019, most of Romania’s macroeconomic indicators have deteriorated – the current account deficit is heading for 5% of GDP, while the budget deficit was estimated at 4.4% of GDP in 2019 at the last budget rectification. Paradoxically, the confidence of financial analysts in the Romanian economy increased both in November and December 2019. The increase was due mainly to the current macroeconomic conditions, and the explanation, says the president of CFA (the association of financial analysts), is that the trust in the world economy remained at a high level in December and this was felt in Romania.

https://www.zf.ro/eveniment/datele-macro-romania-cea-buna-forma-increderea-analistilor-financiari-economie-creste-adrian-codirlasu-presedintele-cfa-adevarat-avem-probleme-deficitele-insa-mediul-extern-s-imbunatatit-final-2019-18755334