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EBRD significantly increases, to 6 pct, growth forecasts for Romanian economy in 2021

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for Reconstruction and Development (EBRD) has significantly improved its estimates of Romania's economic performance in 2021, forecasting a 6 percent increase this year, compared to a 3 percent advance as estimated in September last year, shows a report published on Tuesday by the international financial institution.

According to the EBRD, the three countries in (Romania, Bulgaria and Greece) were seriously affected by the COVID-19 crisis in 2020, with an average contraction of 5.2 percent, the largest in all the regions where the EBRD operates.…

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