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Isărescu is now optimistic: This is the beginning of a new cycle of growth
09.03.2011, 22:09 | Economy | 835 views
Mugur Isărescu, Governor of the NBR, has become extremely optimistic about the trend of the economy, announcing he expects Romania to post 4-5% growth next year, and 1.5% growth this year. He says the Romanian economy is currently stabilised and ready for a new cycle of "sustainable" growth. "If investments in agriculture are carried out and if the absorption of EU funds is higher, if investments are made in infrastructure, there may be a surprise for us in store, an increase in excess of 1.5%, while for next year, just as our international lenders, the EU, the IMF, the World Bank, we are targeting growth of between 4 and 5%," said Mugur Isărescu before Arab and Romanian investors present at the Forum of the Gulf Cooperation Council held in Romania. Read more on ZF.ro
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