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BERD improves its 2021 growth forecast for Romania's economy to 7.2 pct

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for Reconstruction and Development (EBRD) has significantly improved its estimates on Romania's economic evolution in 2021, forecasting a 7.2 percent GDP increase this year, compared to 6 percent in June, shows a report released on Thursday by the international financial institution.

"Overall, GDP is expected to grow by 7.2 percent in 2021. In 2022, the Recovery and should start boosting investments, while gradually improving net exports, in line with a slowdown of private consumption compared to recent years, and expected fiscal consolidation could…

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