Coface expecting Romania's economy to advance 4.2pct in 2016

Coface is expecting Romania's economy to advance 4.2 percent with zero contribution from agriculture in 2016, under a basic scenario, Coface Services Director and Senior Economist Iancu Guda said Wednesday."We are expecting the next year to go on a rising trend boosted particularly by the same growth factors. First of all, private consumption should advance up to 7 percent from the year before, backed up by several factors. On the one hand, there are the public pay rises ...

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