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Romania Ctrl Bker: GDP Growth Below Potential Next Yr, Seen Recovering In 2010

Romania’s gross domestic product growth will stand below its 6% potential next year, and the economy will return to a normal trend towards 2010, central bank deputy governor Cristian Popa said Monday.
Romania Ctrl Bker: GDP Growth Below Potential Next Yr, Seen Recovering In 2010
03 nov. 2008, 18:41, English

"Nobody knows how much the international financial crisis will last, but the economy is seen returning to its normal path toward 2010,” Popa said.
 
The deputy governor signaled a high level of uncertainties in the market, “which need to be taken into consideration in the following prognosis”.
 
Romania’s central bank has revised upwards its inflation projections for 2008 and 2009 to 6.7% and 4.5% respectively, citing uncertainties driven by the international financial crisis.
 
"The results for 2009 are very hard to predict at the moment," Popa said.
 
Last week, Popa said that, according to central bank calculations, the economy will grow by 4.6% in 2009.