Romania will register a slow economic recovery in 2011 after a 2% decrease in 2010 and will confront with tough austerity measures and any opposition to them might produce instability, Economist Intelligence Unit reads quoted by the Romanian news agency Mediafax.
EIU announced on Tuesday its estimates regarding world economic perspectives. For Bulgaria, EIU estimates that after a marginal decline of the economy, in 2011 it will slowly recover. The capacity to react to the crisis was reduced by the strict exchange of leva to the euro and the necessity to maintain a stricter budgetary policy.
EIU anticipates a 3% economic growth for newly EU members like Romania, Hungary, Poland, Slovakia, Slovenia and a 3.4% growth in 2012. Inflation will be 3.4% in 2011 and 2.7 in 2012.
