Romania’s Return To Growth Depends On Fiscal Policy, Euro-Zone Recovery - Analysts - financiare.ro
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News » December, 2010 » 29 December 2010

Romania’s Return To Growth Depends On Fiscal Policy, Euro-Zone Recovery - Analysts
29.12.2010, 15:48 | Economy | 1902 views



Romania’s gross domestic product might grow by some 1% in 2011, after a 2% fall this year, but the economic growth depends on the domestic fiscal policy and the recovery of the European Union economies, analysts said.

Economic analysts polled by Mediafax see a minor economic growth next year, with estimations varying between 0% and 1.7%, and the median forecast at around 0.7%. In previous years, analysts have also predicted an economic growth for the following year, but forecasts were repeatedly revised due to uncertainties regarding both the local and the external macroeconomic frameworks.

Read more on Mediafax.ro




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