“In the first quarter of the year, we had annual growth of 4.2% and quarterly growth of 1.6%. We can say an annual growth of 3% is reasonable,” said Blanculescu.

“We’re looking at a growth we should use to our advantage. We have EUR23 billion in European funds to use,” he said.

Blanculescu said the country will reach an economic boom period in 2018-2019.

“In 2019, Romania takes over the EU presidency for the first time,” he added.

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