Convergence Program: Romania GDP Seen Down 14.4% In 2Q/2020; Return To Slight Economic Growth Expected In 3Q

05.25.2020 By Ecaterina Craciun

Romania’s gross domestic product (GDP) is expected to contract 14.4% in the second quarter of 2020 (April-June), followed by return to slight growth, of nearly 1%, in the third quarter of 2020 and of nearly 3% in the last four months of 2020, per a forecast presented by the Finance Ministry in the Convergence Program for 2020.

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