Romanian Acting PM Sees GDP Growth Of Up To 2% Next Year

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„Next year, economic growth may be between 0.5% and 2% of GDP,” Boc said on Realitatea TV.

Romania’s economy contracted 0.6% of GDP in the third quarter because of decreases in construction and trade, according to the country’s statistics institute. However, the contraction was milder than the expected 0.7%.

For 2010, Romania’s Prognosis Commission and the International Monetary Fund, which is leading a EUR19.5 billion rescue loan for the country, forecast economic growth of 0.5%.

In a more optimistic scenario, Romania’s central bank deputy governor said recently the country’s economy could grow 1.5% of GDP next year.