wiiw Forecast Reports

ROMANIA: Recovery shaken by triple crisis

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Gabor Hunya

in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. 98-101

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With expected growth of 6.8% in 2021, the Romanian economy will surpass the pre-crisis level of 2019. The high twin deficits on the fiscal balance and the current account could become a problem only in the event of negative external shocks. The short-term prospects are dimmed by three simultaneous crises in the areas of the pandemic, gas supply and government.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Romania


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