BCR Cuts Romania GDP Growth Forecast To 0.7% In 2012

08.30.2012 By Florentina Dragu

Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects agriculture to have a lower-than-anticipated contribution.

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Keywords:
BCR
, GDP
, FORECAST