The Economist: Romania to record the highest growth rate in Europe

11 January 2016

Romania’s GDP will grow by 3.9% this year, recording the highest growth rate among European countries, according to the British business magazine The Economist.

Ireland comes next, with a 3.5% growth, followed by Latvia (3.1%).

Germany, France, and Italy, which are Romania’s most important export partners, will see increases of 1.8%, 1.3%, and 1%. In Greece, the economy will drop by 1%, according to The Economist.

Russia’s economy will decrease by 0.4%, in the context of the sanctions imposed by the Western countries and the US following the conflict with Ukraine. Russia’s attacks on Syria will only worsen the situation, The Economist estimates.

editor@romania-insider.com

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The Economist: Romania to record the highest growth rate in Europe

11 January 2016

Romania’s GDP will grow by 3.9% this year, recording the highest growth rate among European countries, according to the British business magazine The Economist.

Ireland comes next, with a 3.5% growth, followed by Latvia (3.1%).

Germany, France, and Italy, which are Romania’s most important export partners, will see increases of 1.8%, 1.3%, and 1%. In Greece, the economy will drop by 1%, according to The Economist.

Russia’s economy will decrease by 0.4%, in the context of the sanctions imposed by the Western countries and the US following the conflict with Ukraine. Russia’s attacks on Syria will only worsen the situation, The Economist estimates.

editor@romania-insider.com

Normal
 

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