JP Morgan Revises Romania’s Economic Growth Forecast Down To 1.2%

08.22.2011 By Claudia Medrega

JP Morgan has significantly cut Romania’s growth estimate for this year, expecting the gross domestic product to increase by just 1.2%, while the bank’s estimate at the beginning of the year was one of the most upbeat on the market: 2% growth.

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GDP
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, JP MORGAN
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