World Bank expects 1.5% GDP growth for Romania this year, half the EU10 average
Romania will post a GDP growth of 1.5 percent this year, half of the average growth in the EU10, according to the World Bank. Hungary outranks Romania with a GDP growth of 1.7 percent in 2011. Bulgaria will have a 2 percent growth, and the Czech Republic, 2.1 percent, according to the World Bank.
The GDP growth forecast for Romania stays between 1.8 to 2.1 percent, according to the World Bank. The lowest GDP growth forecast for 2012 was Hungary's, of just 0.5 percent, followed by the Czech Republic, with 1 percent.
Read the entire World Bank Report here.
Irina Popescu, irina.popescu@romania-insider.com
(photo source: Sxc.hu)
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