BCR slashes Romania’s economic growth forecast for 2015 to 2.2%
BCR, Romania’s largest bank, has significantly reduced its forecast for Romania’s economic growth in 2015, from 3% to 2.2%.
The bank’s analysts reviewed their estimates as they expect possible tax hikes and lower investments.
This is the second review for economic growth estimates that BCR has made in the last two months. In October, BCR had already reduced the growth target for next year from 3.3% to 3%.
editor@romania-insider.com
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