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Oxford Economics revises previous estimates and forecasts that Romanias economy will grow this year
16.02.2011, 20:05 | Economy | 754 views
Romania’s economy will marginally grow this year by 0.1% Oxford Economics estimates read, quoted by Romanian news agency Mediafax, revising thus previous estimates which saw a 1% contraction. The institution reveals however that the main economic growth factor, exports, is in the same time vulnerability if EU demand decreases. The analysis reveals that the euro zone economy has a two speed dynamics in this period with solid performances in solid states and marginal states which continue to confront with a weak economic activity and high unemployment rates. However, Germany and France, the biggest euro zone economies stalled their growth in the last two quarters of last year. Read more on Hotnews.ro
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