Romania's economy will grow this year by a lesser than expected

Romania's economy will grow this year by a lesser-than-expected 0.7% and 2% in 2013, according to the Autumn Forecast 2012-2016 of the National Forecast Commission (CNP), Agerpres reports. CNP forecasts 3.3% for 2015 and 3.2% in 2016.In their spring forecast, CNP estimated an...

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 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Romania's economy will grow this year by a lesser than expected



bne - 27.11.2012

Romania's economy will grow this year by a lesser-than-expected 0.7% and 2% in 2013, according to the Autumn Forecast 2012-2016 of the National Forecast Commission (CNP), Agerpres reports. CNP forecasts 3.3% for 2015 and 3.2% in 2016.

In their spring forecast, CNP estimated an economic growth of 1.7% for 2012, 3.1% in 2013, 3.6% for 2014 and 3.9% in 2015.

During his latest visit to Romania, the delegation chief of the International Monetary Fund Erik de Vrijer said that the prospects of an economic growth in Romania is 'moderate' for 2013, caused not only by the situation in agriculture, but also by the issue stemming from the European funds usage and the delays in structural reforms. He stressed the investments are 'the key' to economic growth and that a modest growth for Romania in 2013 is also caused by the delays in structural reforms.

Source: bne


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