romanian economy

Romania’s economic activity in the next quarters will depend on domestic policies and on global conditions, but the positive growth will resume only in the second half of 2010, said Tonny Lybek, IMF’s representative for Romania and Bulgaria.

Romanian economy might face a hard landing, which may translate into an annual gross domestic product growth of a mere 1-2% or even a recession, Nicolae Alexandru Chidesciuc, ING Romania senior economist, stated Friday.