Romania´s GDP Growth to Slow Down

Politics ♦ Published: December 16, 2013; 05:45 ♦ (Vindobona)

In 2014, Romania is expected to grow moderately. Compared to 2013, growth will decelerate. The recovery mainly depends on exports.

Romania´s GDP Growth to Slow Down / Picture: ©

This year, Romania´s estimated GDP growth is 3.0%. Next year, the country´s GDP is anticipated to grow by 2.0%. The deceleration is mainly due to the agricultural sector. Harvests are expected to remain below the 2013 level. Moreover, exports will go down, Melania Hancila, at Deloitte Consultanta stated.

The European Commission projects a growth rate of 2.2% in 2013. Compared…