World Bank estimates modest advance for Romania's economy of 1.9pct in 2022
Tuesday, April 12, 2022
Romania's economy will see a modest advance of 1.9pct in 2022, with risks from the crisis in Ukraine being high, according to the World Bank, in a report published on Sunday.In addition, the fiscal deficit will remain high at around 6.6pct of the GDP, despite some strengthening measures."The magnitude of the recovery will depend on the development of the COVID-19 strains and the severity of hostilities in the region. Romania's ability to absorb ...