EBRD Revises Down Economic Forecasts, Including For Romania, Amid Continuing Coronavirus Uncertainty

10.01.2020 By Ecaterina Craciun

The European Bank for Reconstruction and Development (EBRD) on Thursday anticipated a deeper economic contraction and a milder recovery in 2021 for the emerging economies where it invests, including Romania for which it forecasts a 5% contraction of the gross domestic product (GDP) in 2020 and a 3% economic growth in 2021.

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Keywords:
EBRD
, economies
, forecast
, coronavirus