European Commission reviews prognoses for Romania’s economic growth in 2017 and 2018

The European Commission has increased prognoses for Romania’s economic growth in 2017 from 4.3% to 5.7% an for 2018 from 3.7% to 4.4%, according to economic provisions in the fall of 2017.

The European Commission anticipates a 5.7% GDP increase in 2017, 4.4% in 2018 and 4.1% in 2019, according to an autumn prognosis published by the institution on Thursday.

In spring, the commission foresaw an economic growth of 4.3% in 2017, 3.7% in 2018 for Romania.

According to autumn provisions, EC expects maintaining economic growth both in the euro zone and in EU, to 2.1% in 2018 and 1.9% in 2019. According to the spring report, provisions for 2018 ere 1.8% in the euro zone and 1.9% in EU. (Please find EC foresaw on Romania: ec.europa.eu/info/sites/info/files/economy-finance/ecfin_forecast_autumn_091117_ro_en.pdf)

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