Survey: Romania's six-month economic outlook improves in March

The Romanian economic outlook for the next six months improved in March, propelling the country to the third spot among the best business destinations in Central and Eastern Europe, according to a ZEW/Erste survey. Economic expectations for Romania rose 11.1 points to 44.5 points in March, after an increase of 3.6 points a month earlier, the survey noted. The assessment of the current economic situation in Romania increased 8.2 points on the month to minus 29.6 points, the second gloomiest assessment in the region after Hungary. In Central and Eastern Europe, economic expectations on a six-month horizon declined by 10.6 points to 13.9 points in March. Mediafax