Raiffeisen Bank Expects Romania’s Economy To Contract 2.5% In 2020, Grow 4.5% In 2021

03.20.2020 By Ecaterina Craciun

Raiffeisen Bank has built a new economic growth scenario for Romania, in the context of the coronavirus crisis, forecasting an economic contraction of 2.5% for 2020 (with a sharp contraction envisaged in the second quarter), due to the coronavirus pandemic the country must cope with.



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Keywords:
Raiffeisen Bank
, forecast
, Romania
, economy
, contraction