Romania: Will economic growth come back to strong performance?
After five challening years Romania’s economic performance proved that it has become one of the leaders of the European recovery and exceeded expectations with GDP growth rising by 3.5% in 2013. However, the slowldown of the growth in 2014 shows another picture.
Looking into the details of Romanian growth outperforming the 2013 CEE average of 1.2%, it can be concluded that significant contributions came from the agricultural sector as well as industry, particularly car production supplying mainly foreign customers.
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