By Constantin Radut
This morning, the National Institute of Statistics (INS) released the statistical data on industrial production in December 2019. Within a few hours, Eurostat did the same, according to the monthly calendar of press releases.
The data and information from the two statistical institutions coincide: industrial production is in sharp decline. In some EU member states, it is worrying to reduce compared to the previous month and the corresponding month of 2018.
According to the INS, in December 2019, the
By Constantin Radut
This morning, the National Institute of Statistics (INS) released the statistical data on industrial production in December 2019. Within a few hours, Eurostat did the same, according to the monthly calendar of press releases.
The data and information from the two statistical institutions coincide: industrial production is in sharp decline. In some EU member states, it is worrying to reduce compared to the previous month and the corresponding month of 2018.
According to the INS, in December 2019, the industrial production decreased compared to the previous month as a series adjusted according to the number of working days and the seasonality by 0.1%. Eurostat says the decrease was 0.2%. Close figures. It should be borne in mind that in December, fewer days were worked in Romania due to the fact that we had National Day (December 1 and 2), Christmas holidays and free days given by the government for passing in 2020. In total, the Romanians worked. only 20 days out of the 31 calendar days.
Compared to the corresponding month of the previous year, the industrial production decreased by 6.9% as a series adjusted according to the number of working days and seasonality, according to the INS. Eurostat shows a decrease of 8.9%, the second largest decrease in the EU, after Estonia (-9.9%) and before Germany (-7.2%).
The drastic reduction of the volume of industrial production was expected, both in Romania and in other countries of Central and Eastern Europe due to the dependence of these countries on the German economy. However, Germany has not been the engine of Europe in the last half year, neither economically nor politically. Germany is on the decline, Mrs. Angela Merkel’s policy is at the end of her powers. Brexit and, in particular, Donald Trump’s hostile stance towards Germany make this country an instability factor.
Romania, in its relations with Germany, is a special case. After the fall of the Berlin Wall, Germany was among the promoters of the transformation of Romania into the second Yugoslavia. Although the political disintegration of Romania has not succeeded, this has happened in the economic sector.
Germany did everything in its power, from the political lobby, to the diplomatic intervention, to destroy the industrial fabric of Romania, inherited from the communist regime. And she managed to reach that goal.
In 2018, the total turnover realized by the companies with German capital in the Romanian economy was 25 billion euros, about 4200 companies, from different sectors: besides trade and manufacturing, there are professional activities, IT & C, transport and storage, financial intermediation, real estate, construction and agriculture. Currently more than 60% of Romanian companies working in the automotive sector are with German capital. From the turnover of 25 billion euros of companies with German capital in Romania, the processing industry ranks in the first position, with the highest cumulative turnover, of over 11.5 billion lei in 2018.
The unfair policy of the German Government vis-à-vis Romania is revealed by the fact that no large German car manufacturing company was installed in Romania. In the Czech Republic, in Poland, in Hungary, in Slovakia, large car companies are present. There is no one in Romania.. Romania served Germany only as a means of re-implanting the German sentiment, possibly of the so-called German aid. But it was rather the exploitation of the labor force in SMEs, a very low paid sector. And one aspect worth remembering: most of the companies with German capital have settled in western Romania, in the German-speaking and Hungarian-file communities.
Divide et impera! The Germany’s policy for centuries is not denied.
Many Romanians believed that the election as president in Romania of a citizen of German origin, Kluas Iohannis, would bring Romania economic and political advantages. Unfortunately it didn’t happen that way. Klaus Iohannis doesn’t have too many connections with Romania. His family is in Germany.
The dependence of the Romanian economy on German capital is strongly felt in foreign trade relations. Germany has maintained, for over 25 years, the status of Romania’s first trading partner, being also the main destination of Romania’s exports, registering, in the last five years, an advance of over 54%, reaching a total amount of 15.6 billion of euros in 2018.
Also, the value of trade between the two countries increased in 2018 by 52% compared to 2014 and 10% compared to 2017, reaching over 32.5 billion euros. Moreover, imports from Germany increased by 31% compared to 2014, reaching about 17 billion euros in 2018.
On the other hand, Romania registered in relation to Germany the seventh trade deficit (1.4 billion euros in 2018).
At this rate, Romania has every chance to become an economic colony of Germany.
Especially since, after managing to take over our industry and the retail sector, Germany is now stealing our workforce. With the help of the authorities in Berlin, in Transylvania, bilingual schools were financially supported by various German lands, where specialists are trained with the obligation to go to Germany. See the situation in the city of Sighisoara. The Romanian immigration to Germany came third, after the Turkish-Kurdish and Polish ones.
Germany’s imminent recession may further blur the German roll. If not, maybe we have the chance to set up in Romania a regime with national interests, like in Poland, which will demand compensation for Germany for the exploitation of Romania’s natural, industrial and professional resources since the second war.
decreased compared to the previous month as a series adjusted according to the number of working days and the seasonality by 0.1%. Eurostat says the decrease was 0.2%. Close figures. It should be borne in mind that in December, fewer days were worked in Romania due to the fact that we had National Day (December 1 and 2), Christmas holidays and free days given by the government for passing in 2020. In total, the Romanians worked. only 20 days out of the 31 calendar days.
Compared to the corresponding month of the previous year, the industrial production decreased by 6.9% as a series adjusted according to the number of working days and seasonality, according to the INS. Eurostat shows a decrease of 8.9%, the second largest decrease in the EU, after Estonia (-9.9%) and before Germany (-7.2%).
The drastic reduction of the volume of industrial production was expected, both in Romania and in other countries of Central and Eastern Europe due to the dependence of these countries on the German economy. However, Germany has not been the engine of Europe in the last half year, neither economically nor politically. Germany is on the decline, Mrs. Angela Merkel’s policy is at the end of her powers. Brexit and, in particular, Donald Trump’s hostile stance towards Germany make this country an instability factor.
Romania, in its relations with Germany, is a special case. After the fall of the Berlin Wall, Germany was among the promoters of the transformation of Romania into the second Yugoslavia. Although the political disintegration of Romania has not succeeded, this has happened in the economic sector.
Germany did everything in its power, from the political lobby, to the diplomatic intervention, to destroy the industrial fabric of Romania, inherited from the communist regime. And she managed to reach that goal.
In 2018, the total turnover realized by the companies with German capital in the Romanian economy was 25 billion euros, about 4200 companies, from different sectors: besides trade and manufacturing, there are professional activities, IT & C, transport and storage, financial intermediation, real estate, construction and agriculture. Currently more than 60% of Romanian companies working in the automotive sector are with German capital. From the turnover of 25 billion euros of companies with German capital in Romania, the processing industry ranks in the first position, with the highest cumulative turnover, of over 11.5 billion lei in 2018.
The unfair policy of the German Government vis-à-vis Romania is revealed by the fact that no large German car manufacturing company was installed in Romania. In the Czech Republic, in Poland, in Hungary, in Slovakia, large car companies are present. There is no one in Romania.. Romania served Germany only as a means of re-implanting the German sentiment, possibly of the so-called German aid. But it was rather the exploitation of the labor force in SMEs, a very low paid sector. And one aspect worth remembering: most of the companies with German capital have settled in western Romania, in the German-speaking and Hungarian-file communities.
Divide et impera! The Germany’s policy for centuries is not denied.
Many Romanians believed that the election as president in Romania of a citizen of German origin, Kluas Iohannis, would bring Romania economic and political advantages. Unfortunately it didn’t happen that way. Klaus Iohannis doesn’t have too many connections with Romania. His family is in Germany.
The dependence of the Romanian economy on German capital is strongly felt in foreign trade relations. Germany has maintained, for over 25 years, the status of Romania’s first trading partner, being also the main destination of Romania’s exports, registering, in the last five years, an advance of over 54%, reaching a total amount of 15.6 billion of euros in 2018.
Also, the value of trade between the two countries increased in 2018 by 52% compared to 2014 and 10% compared to 2017, reaching over 32.5 billion euros. Moreover, imports from Germany increased by 31% compared to 2014, reaching about 17 billion euros in 2018.
On the other hand, Romania registered in relation to Germany the seventh trade deficit (1.4 billion euros in 2018).
At this rate, Romania has every chance to become an economic colony of Germany.
Especially since, after managing to take over our industry and the retail sector, Germany is now stealing our workforce. With the help of the authorities in Berlin, in Transylvania, bilingual schools were financially supported by various German lands, where specialists are trained with the obligation to go to Germany. See the situation in the city of Sighisoara. The Romanian immigration to Germany came third, after the Turkish-Kurdish and Polish ones.
Germany’s imminent recession may further blur the German roll. If not, maybe we have the chance to set up in Romania a regime with national interests, like in Poland, which will demand compensation for Germany for the exploitation of Romania’s natural, industrial and professional resources since the second war.
