Fiscal Council: Romania’s Economic Growth May Peak In 2016, Likely To Slow Down Toward 3.5% In 2017

12.08.2015 By Ecaterina Craciun

Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption is not sustainable on the long run, Fiscal Council president Ionut Dumitru said Tuesday.

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