EC: Romania's 2022 GDP to growth forecast to 5.8%, and to cut 2023 projection to 1.8%

The European Commission (EC) said on Friday that Romania’s economy is expected to expand by a real 5.8% in 2022, as compared to 3.9% growth rate projected in July, but lowered expectations for 2023 economic growth to 1.8% from previously estimated 2.9%.   After a strong 2022, Romania’s economy is set to slow down in the coming years due higher inflation, tighter financial conditions and the ...

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