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.