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COFACE: Despite economic growth above potential, Romania not prepared for recession

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With a 7 percent economic growth, Romania has reached a certain limit and at some point it will definitely face an economic recession it is seemingly unprepared for, country manager told the on Wednesday.
"I think we have hit certain limits as far as economic growth is concerned. I think we are above potential at this point, and it is more important that we succeed in maintaining reasonable growth rates over time than advance in leaps of an amplitude we have already seen in the past. I don't want to rain on anybody's parade, but I would…

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