Head of Romanian Fiscal Council tones down forecasts predicting prolonged, deep recession
Romania's economic growth will be somewhere between 0-1% and further acceleration in 2026 remains unclear, Fiscal Council head Daniel Dăianu said in a conference, as quoted by Economica.net. He toned down extreme pessimistic scenarios,…
iulian ernst · Journalist
· Updated · 2 min read
Romania's economic growth will be somewhere between 0-1% and further acceleration in 2026 remains unclear, Fiscal Council head Daniel Dăianu said in a conference, as quoted by Economica.net. He toned down extreme pessimistic scenarios, such as those expressed by BRD-SocGen's chief economist, Florian Libocor.
Libocor, in a conference this week, nearly ridiculed those still expecting economic growth this year, saying the country's GDP would drop by 6% this year (versus an official estimate of 0.6% growth) and plunge by as much as 2% in 2026.
