Internal demand could help Romania’s economy go up in the following year, contributing some 2.9% to the growth. The increase in consumption would be supported by extra public expenses, and by modest improvements in the private sector, according to the largest Romanian lender BCR, quoted by Mediafax.

The bank’s analyst forecast a 3.3% economic increase in 2015, and 3.5% in 2016, while the outlook for this year is of 2.3%. The inflation forecast is down from 2.2% to 1.8% for end-2014, after annual inflation climbed to 1.54% in September.

BCR analysts believe private investments will go up in 2015, after decreasing in the last two years.

editor@romania-insider.com