Dolj County - The loans and deposits evolution (2011-2012)

During 2011 and 2012 the economic development was heavily influenced by the world financial turmoil. The European Financial System has supported great difficulties in financing credit operations, difficulties which have been worsened by the sovereign debt crisis. Yet, after two years of GDP declinin...

Full description

Saved in:
Bibliographic Details
Published in:Revista de stiinte politice 2013-01 (37/38), p.207
Main Author: Nicula, Ileana
Format: Article
Language:English
Subjects:
Bank deposits
Economic development
Financial performance
Loans
Macroeconomics
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:During 2011 and 2012 the economic development was heavily influenced by the world financial turmoil. The European Financial System has supported great difficulties in financing credit operations, difficulties which have been worsened by the sovereign debt crisis. Yet, after two years of GDP declining, 2011 came with a slightly increasing in real terms (2.5%), mainly by the revival of the industry and statistics showed that Dolj County has slightly improved its economic parameters. The working paper provides an analysis of the evolution of loans and deposits for the first nine months of 2012 against 2011 in Dolj County. Despite the pinkish image at the macroeconomic level, the financial intermediation has an eclectic evolution, reflecting the inertia of the economic engine and Dolj County is part of the described parameters. These miscellaneous trends are analysed using charts and tables. [PUBLICATION ABSTRACT]
ISSN:1584-224X