Central bank Board: Economic recovery to continue in H1 2021
Publicat:The recovery of the Romanian economy will continue in the first half of this year, yet with a considerable slowdown in Q1, followed by a modest acceleration in the second quarter, similar to previous assessments, show the minutes of the monetary policy meeting of the National Bank of Romania's Board from May 12, 2021.
Against this background, thanks to the comeback of the economy in H2 2020, the GDP loss recorded in the second quarter of 2020 could be largely recovered in mid-2021 alongside the full closing of the negative GDP gap, Board members underlined, as cited in the BNR minute.
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