BCR Cuts GDP Growth Projection For 2012 By 1% To 2.9%

08.29.2011 By Razvan Voican

Banca Comerciala Romana (BCR), the largest bank on the local market, reduced its economic growth forecast for next year by one percentage point, from 3.9% to 2.9%, quoting the outlook of prolonged euro zone jitters with an impact over Romania both at the level of export demand, and capital flows.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: BCR; , ECONOMIC GROWTH

Comment

Username:
Password: