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The EC estimates economic growth for Romania of 7.4% in 2021

The EC estimates economic growth for Romania of 7.4% in 2021

Articol de Florin Lepădatu, 08 Iulie 2021, 02:38

The European Commission has significantly revised its economic growth forecast for Romania to 7.4%.

This estimate is 2.3 percent higher than the spring forecast and places Romania first in the European Union, followed by Ireland, with 7.2%.

At the same time, the European Commission's estimates indicate an economic growth of 4.9% for Romania in 2022.

Overall, the European Union's economy will grow by 4.8% in 2021 and 4.5% in 2022, according to the summer forecast published yesterday by the European Commission.

According to the European forum, the economy is recovering faster than expected, activity exceeding expectations in the first quarter of 2021, and the improvement in the health situation led to the easing of restrictions in the second quarter, according to RADOR.

Translated by: Radu Matei

Etichete : ec romania economy growth
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