EBRD downgrades Romania's economic growth forecast in 2020
Publicat:The European Bank for Reconstruction and Development (EBRD) has downgraded its estimates of Romania's economic developments in 2020 as a result of the crisis caused by the coronavirus pandemic, according to a report published on Wednesday by the bank. According to the latest EBRD forecasts, the Romanian economy would decline 4% this year instead of advancing 3.2%, as forecasted by the bank in November 2019. In 2021, the EBRD expects a 4% expansion of Romania's GDP.
The European Commission has also lowered its estimates of the Romanian economy this year and predicted that Romania will…
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