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Romania: „Long road to growth“
Most likely, economic activity was flat in Q4 2012. Available data tracking the dynamics of economic activity in Q4 2014 paint a mixed picture, Raiffeisen Research reports.
Romania: „Long road to growth“ / Picture: © Flickr / Dan Nevill (CC BY-ND 2.0)
“There were both positive and negative developments, but all of modest amplitude. The Economic Confidence Index (an aggregate index for confidence among consumers and companies) showed timid signs of improvement in November-December after it declined in the previous five months. Except for the construction sector, modest improvements were recorded in all other…
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