Strategy and Forecast Board

The Romanian economy will grow by 3.2 percent this year, compared with a 3.6-percent forecast issued in November, indicate the latest forecasts released on Wednesday by the European Bank for Reconstruction and Development (EBRD). For 2020, the EBRD expects another 3.2-percent expansion in Romania's Gross Domestic Product (GDP).

The European Commission on Tuesday downwardly revised to 3.3 percent its estimates of the real Romanian economy growth this year, from a January forecast of 3.8 percent. The European Commission published on Tuesday its spring economic forecasts.