emg home
7th Nordic Panorama opens Friday Protest of believers and regime supporters in Tehran HRW: Libyan security forces kill at least 24 Thousands of citizens celebrate at Cairo's Tahrir Square France24: UN knew about Kosovo organ trafficking, report says Cvetkovic: Government reshuffle by month's end EBRD strong profit growth to bolster robust investments in 2011 Name issue, reforms in focus of Gruevski's talks with Biden and Clinton Rockefeller Group plans to invest over 100 million euro in the real estate market in the region including Romania Maritime cooperation protocol between Romania and Turkey Greek PM Papandreou in Samothraki EU pushes strategic gas pipelines to merge-sources Greek companies in Bulgaria also hit by crisis Foreign retailers interested in selling Bulgarian bread UEFA announces ticket prices for EURO 2012 Bulgaria, Romania say will go together into Schengen Russia's Yandex, Kaspersky among world's top-50 innovative firms Russia angered by speech of suspected militant in top U.S. university At least 12 killed, dozens injured in Libya protests Hague tribunal postpones Karadzic's trial to May 5th Austria and Croatia discuss creation of GMO-free zone First Bulgarian stand at Paris International Agricultural Show World Bank preparing five-year partnership strategy for Bulgaria The fourth Sarajevo Wine Festival Albania: US raises alarm for Friday's protests Serb families resented over abandonment of Gorazdevac crime investigation 42 percent of schools on strike NBS foreign exchange reserves down to EUR 9.86 billion Protests of Suez Canal workers Tunisian former president Ben Ali in coma Hundreds protest in Basra Ljajic: Serbia's government needs no more than 15 members Offered platform unacceptable for GSZSZ No legal obstacles for Dinkic to sit in parliament Plenary session of the Serbia-NATO Defense Reform Group Press conference on International Mother Language Day Active role of ICMP in investigating organ trade in Kosovo Government holds a session, regulations on agricultural incentives adopted Thaci: Kosovo to form new Government early next week Belgrade hosts first international conference on legal affairs committees
RSS

Oxford Economics revises previous estimates and forecasts that Romania’s economy will grow this year

17. February 2011. | 07:55

Source: Hotnews.ro

Romania’s economy will marginally grow this year by 0.1% Oxford Economics estimates read, quoted by Romanian news agency Mediafax, revising thus previous estimates which saw a 1% contraction.

Romania’s economy will marginally grow this year by 0.1% Oxford Economics estimates read, quoted by Romanian news agency Mediafax, revising thus previous estimates which saw a 1% contraction.

The institution reveals however that the main economic growth factor, exports, is in the same time vulnerability if EU demand decreases.

The analysis reveals that the euro zone economy has a two speed dynamics in this period with solid performances in solid states and marginal states which continue to confront with a weak economic activity and high unemployment rates.

However, Germany and France, the biggest euro zone economies stalled their growth in the last two quarters of last year.

Oxford Economics notes that even though Romania’s economic growth will be low this year, fiscal consolidation has a vital important to ensure a durable economic recovery. Therefore, the institution anticipates a 0.1% economic growth this year. The government and the IMF estimate a real GDP growth of 1.5%.

Share:

Del.icio.us
Digg
My Web
Facebook
Newsvine

Enter text:

<<

14. February - 20. February 2011.

>>