World Bank: Romania will post 2.9% growth this year

The World Bank estimates that the Romanian economy will grow by 2.9% this year, after an estimated increase of 2.6% in 2014, according to the institution’s recent Global Economic Prospects report. The Bank has slightly revised downwards its 2014 economic growth forecast for Romania, to 2.6%, after it estimated a 2.7% advance in October last year. After the slowdown from 3.5% in 2013 to 2.6% in 2014, the Romanian economy is expected to grow by 2.9% this year, followed by an advance of 3.2% in 2016 and 3.9% in 2017. You may also want to read: What are the analysts’ estimates for Romania’s economic growth in 2014? Emerging Europe Monitor: 3.4% GDP growth for Romania in 2015 Romania records the highest economic growth in the EU Irina Popescu, irina.popescu@romania-insider.com