Erste Group cuts forecast for Romania’s growth this year to 2.8%

Austrian group Erste, the owner of Romania’s bank BCR, estimates a 2.8% growth for Romania’s economy - only 0.4pp down from the previous estimate before the start of the military conflict in Ukraine. It is an optimistic view compared to the consensus and close to the official target.   According to Erste Group’s report on the Central and Eastern European (CEE) economies, published on ...

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