BCR keeps GDP drop forecast at 3%, expects better fourth quarter
“The Government's measures were needed, even if this means the third quarter was sacrificed. We could see economic increase in the fourth quarter of 2010, after the 0.3 percent increase in the second quarter,” said Lucian Anghel, BCR chief economist.
The macroeconomical indicators are improving and Romania could go back on the up in the second half of 2011.