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ING Bank Revises Romania’s 2023 Economic Growth Forecast From 2.5% To 1.5%
ING Bank has revised its growth forecast for Romania in 2023 from its previous estimate of 2.5% to 1.5%, based on a slightly disappointing first half of the year and limited prospects for an...
UniCredit: Romania To See Higher Than Region Average Economic Growth In 2023
UniCredit analysts expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024, with Romania outperforming, and Czech Republic and Hungary lagging,...
European Commission Raises Romania’s Economic Growth Forecast From 2.5% To 3.2% In 2023
The European Commission believes Romania’s economy will see higher growth than expected and raised its real GDP growth forecast from 2.5% to 3.2% for 2023.
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
European Commission Raises Romania’s 2023 Economic Growth Forecast to 2.5%
Romania’s economy is expected to grow by 2.5% in 2023, the European Commission said in its winter economic forecast published on Monday, higher than the fall forecast of only 1.8%.
Analysis: 2023 Seen As Challenging Year For Global Economy
2023 is expected to be a challenging year as the energy crisis continues to affect Europe, inflation will remain high until 2024, and the scenario of an economic recession seems imminent.
Government Expects Romania’s Economy to Grow by 4.6% in 2022 and 2.8% in 2023
Romania’s government expects the country’s economy to grow by 4.6% in 2022 and 2.8% in 2023, despite the inflation, energy crisis in Europe or the coming recession in the eurozone, the Natio...
CFA Analysts: Inflation Likely to Start Falling Below 10% in Next 12 Months, Leu to Decline to 5.07 Units/Euro, Three-Month ROBOR To Reach 7.39% A Year
Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit a...
IMF Revises Upwards Romania’s GDP Growth Forecast To 4.8% In 2022
The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer.