FinMin Citu: Romania's full-year economic contraction will be between minus 2 and minus 3 percent
Publicat:The second quarter's negative impact on the Romanian economy was worse than anticipated, but the full-year economic contraction will be between minus 2 and minus 3 percent, Public Finance Minister Florin Citu said on Wednesday evening.
"For the budget revision, the National Prognosis Commission will come up with a new estimate, and they might change their initial projection of minus 1.9 percent. It is true that the second quarter had a slightly higher negative impact than we expected, but not by much. We are steering clear of those apocalyptic estimates that predicted an economic decrease…
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