EBRD upgrades growth estimates for Romania to 3pct in 2015

The European Bank for Reconstruction and Development (EBRD) has slightly improved its estimates on the growth of Romania's economy in 2015 to 3 per cent from its 2.8 per cent forecast in January, shows a report released on Thursday on the occasion of the Annual General Assembly of EBRD shareholders.

Photo credit: (c) EBRD Facebook page

For 2016, the EBRD estimates that the Romanian economy will record an advance of 3.2 per cent, one of the highest growth rates in emerging Europe. AGERPRES