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European Commission downwardly revises Romania's 2019 real GDP growth at 3.3pct

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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.

published on Tuesday its spring economic forecasts.

For 2020, the EC expects a further decline in Romania's economy, with economic growth projected at 3.1 percent now, down from 3.6 percent in the January forecasts.

In its recently drafted 2019-2022 spring forecasts, Romania's Strategy and keeps its estimate of economic growth this year at 5.5 percent, with the nominal…

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