EFG Eurobank: Romanian economy to recover starting second half of 2011 - financiare.ro
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News » February, 2011 » 28 February 2011

EFG Eurobank: Romanian economy to recover starting second half of 2011
28.02.2011, 16:50 | Economy | 1163 views



Estimations show the Romanian GDP dropped by 1.2% in 2010 as compared to 2009, less than the 1.8% drop expected by EFG Eurobank and other entities on the market, while on seasonally adjusted data the GDP grew by 0.1% in Q4.

The news is positive as it may signal the end of the recession, says a report of the EFG Eurobank, the Greek company controlling Romanian bank Bankpost.

Read more on Hotnews.ro




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