EBRD lowers forecasts of Romania's economic growth in 2019
Publicat:The Romanian economy will grow by 3.2 percent this year, compared with a 3.6-percent forecast issued in November, indicate the latest forecasts released on Wednesday by the European Bank for Reconstruction and Development (EBRD).
For 2020, the EBRD expects another 3.2-percent expansion in Romania's Gross Domestic Product (GDP).
The EBRD's forecasts come after the European Commission on Tuesday downwardly revised to 3.3 percent its estimates of the real Romanian economy growth this year, from a January forecast of 3.8 percent. For 2020 next year, the EC expects a further decline…
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