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EC: Romania’s GDP to grow by 5.7 pc in 2017; government deficit, projected to increase to 3.9 pc of GDP

European Commission (EC) has revised Romania’s growth and deficit forecasts upwards in 2017 and 2018, warning that the growth is set to decelerate but remain above poten?ial, romaniajournal.ro reads. Thus, according to its Autumn Forecast released today, Romania’s GDP is forecast to grow by 5.7 percent in 2017, 4.4 percent in 2018, and 4.1 percent in 2019. Private consumption is projected to decelerate in 2018, as inflation increasingly ...

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