loader

EY Eurozone Forecast : Domestic consumption is the most powerful vector of growth of the Romanian economy

Lower energy prices and increased consumer spending helped the Eurozone make a strong start to 2015. And over the medium term, investment and government spending should begin to underpin this growth.

In the first quarter of this year, Romania's economic performance was better than expected , marking an economical growth of 4.2 % . While it is unlikely that this pace to be sustained throughout the year , the prospects for 2015 remain quite optimistic. If the Eurozone return keeps the same coordinates , the prospect of Romania's GDP growth is 3.1 % in 2015 and 3.2 % in 2016 , with the possibility of overcoming these levels after 2017.

 

 

For more information, please see the attached file or the Romanian version of the article, here.

Authors

foto
ERNST & YOUNG SRL