Romania’s Economy Will Most Likely Stagnate In 2012 - ING Bank Official

The bank initially saw the country’s 2012 economic growth at 0.8%, said Negritoiu.

The government and the International Monetary Fund estimate Romania’s economy will grow by 1.5% this year.

ING Bank sees the country’s annual inflation at 4% in 2012 and at 5% next year, depending on the exchange rates, said Negritoiu.

Romania’s central bank expects an annual inflation of 3.2% in 2012.