BT Analyst: Romania’s GDP Sees Weakest Growth Of Last 5 Years Due Mainly To Deteriorating Investment Climate

11.14.2019 By Ecaterina Craciun

In the third quarter of 2019, Romania’s economy saw the weakest growth, of 3%, of the past five years(since the second quarter of 2014), due mainly to a deteriorating investment climate reflected by a decline in industrial production for the fourth consecutive month in September and by an over 40% annual decline in foreign direct investments (FDIs) in the third quarter, Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT), said Thursday.

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Andrei Radulescu
, GDP growth
, investment climate

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