IMF: Risks to Romania's economy have risen substantially due to worsening euro area financial crisis

Risks to Romania's economy recovery have risen substantially due to the worsening euro area crisis, shows the report drawn up by the International Monetary Fund experts, following the third evaluation of the Precautionary Stand-by Agreement, carried out last year.According to the international financial institution, the economic growth prospects have worsened significantly and further negative shocks cannot be ruled out. In this context, the IMF estimates a 1.8 percent advance of ...

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