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World Bank: Romania and Latvia are the only economies in Europe and Central Asia to drop in 2010

de V.O.
Joi, 10 iunie 2010, 16:48 English | Business

Romania and Latvia are the only countries in Europe and Central Asia to see their economies falling further this year, according to a World Bank report. WB analysts expect Romania's GDP to fall 0.5% and the Latvian economy to see a 3.5% contraction in 2010.

In 2011, Romania's economy is expected to return to growth with a 3.6% GDP boost. It is expected to see a further 4.4% growth in 2012.

For Europe and Central Asia, the World Bank expect and economic growth of 4.1% this year, 4.2% in 2011 and 4.5% in 2012.

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