Romania will have the second-highest economic growth rate in Europe this year, after Malta, according to the International Monetary Fund’s spring forecast.

The IMF expects the Romanian economy to increase by 5.1% this year, up from a previous estimation of 4.4%.

The IMF has improved its economic growth forecast for all of Europe, from 2.2% to 2.7%.

However, the IMF expects the growth rate for Romania’s economy to slow down to 3.5% in 2019. The financial institution’s analysts have also increased their estimates on Romania’s inflation rate and current account deficit this year.

IMF recommends fiscal moderation, tighter monetary policy for Romania

Report: Economic slowdown & intensified fiscal, political conflicts for Romania

Romania’s economic growth for 2017, slightly lower than initially announced

editor@romania-insider.com