Strong and sustained recovery of the Romanian economy

Romania’s economy is on a strong path to recovery and is currently the fastest growing European Union economy. The latest estimates show that GDP grew by 3.2% in the third quarter of 2014, surpassing the estimates of Bloomberg’s analysts of 1.4%. According to IMF estimates, Romania’s GDP is expected to grow by 2.4% and 2.5% in 2015 and 2016, respectively. The economic recovery of Romania will exceed the growth rates forecasted for the European Union, as GDP is estimated to increase by 1.7% and 1.9% in 2015 and 2016, respectively.

Source: IMF, Wall Street Journal, Romania – Insider
http://blogs.wsj.com/frontiers/2014/07/07/romanias-gdp-growth-outstrips-european-neighbors/
http://www.romania-insider.com/emerging-europe-monitor-3-4-gdp-growth-for-romania-in-2015/136648/
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