BoE Governor: Expect 13%+ Inflation and a Recession!
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
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Country Profile
Romania is one of the newer members of the European Union, still with its own currency the Leu (RON) rather than using the Euro.
It has a strong technological and manufacturing sector and a highly skilled workforce.
Its location on the Black Sea makes it ideally placed as a centre for international trade.
Total Value:
£2.2 billion / 0.47% of all UK Imports
Top 5 Imports are:
Total Value:
£966 million / 0.30% of all UK Exports
Top 5 Exports are:
The British Romanian Chamber of Commerce
Commons Romana, 5 Nicolae Iorga Street, 2nd floor, 010431 Bucharest
+40724 544 256
info@brcconline.eu
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The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year
The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is