EC: Romanian economy to shrink 1.9% this year, grow 1.5% in 2011

29 November 2010

Should the current economic policies remain unchanged, the Romanian GDP would grow 3.8 percent in 2012, the Commission said.

Other forecasts made by the European Union for Romania in 2011: the unemployment rate will stand at 7.4 percent (down from 7.5 pct in 2010) and the inflation rate will be 5.5 percent, down from 6.1 percent this year.

The Romanian gross public debt in 2011 will account for 33.4 percent of GDP, up from 30.4 percent of GDP at end-2010, the Commission said.

AGERPRES

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EC: Romanian economy to shrink 1.9% this year, grow 1.5% in 2011

29 November 2010

Should the current economic policies remain unchanged, the Romanian GDP would grow 3.8 percent in 2012, the Commission said.

Other forecasts made by the European Union for Romania in 2011: the unemployment rate will stand at 7.4 percent (down from 7.5 pct in 2010) and the inflation rate will be 5.5 percent, down from 6.1 percent this year.

The Romanian gross public debt in 2011 will account for 33.4 percent of GDP, up from 30.4 percent of GDP at end-2010, the Commission said.

AGERPRES

Normal

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