EBRD keeps economic growth forecast for Romania

The European Bank for Reconstruction and Development (EBRD) has kept economic growth forecast for Romania this year at 2.6%, according to its most recent report. The previous report issued by EBRD in May this year indicated the same estimated GDP growth. For 2015, the EBRD expects Romania’s economy to growth by 2.8%, after a 3.5% increase in 2013, and a mere 0.7% increase in 2012. In the south – eastern European region, the forecast for Romania in 2014 is the third highest, after Kosovo, with a 3.5% estimated growth, and FYR Macedonia, with 3%. The estimations for this year place Romania on the fourth spot in the same region, after Kosovo – 3.5%, Montenegro and FYR Macedonia – each 3%. Last year, Romania was among the best economic performers in the region, with a growth of 3.5%, the same as in Montenegro. Source: http://www.romania-insider.com/Tags: ,