International Monetary Fund
The economy of the European Union (EU) is expected to advance 4.2% this year, and against this backdrop, Romania's Gross Domestic Product (GDP) returned its levels of before the COVID-19 pandemic, together with Estonia, Ireland and Lithuania, at the end of the first quarter of 2021, said on Tuesday presidential adviser Cosmin Marinescu at the National Recovery Forum.
The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM).
The experts of the International Monetary Fund estimate a strong economic recovery in Romania in 2021, with an advance of the real Gross Domestic Product of 7 percent, specifying, however, that some unexpected negative changes in the evolution of the pandemic might put this forecast at risk, show the conclusions published following the assessment mission of the Romanian economy.
Washington – The International Monetary Fund (IMF) has commended Slovenia’s “swift, substantial, and well-coordinated policy responses” to the pandemic following consultations with the authorities earlier in May, as it stressed that once the recovery is entrenched, the focus should shift toward consolidation.
Today, the Minister of Finance in the Government of the Republic of Serbia, Sinia Mali, met with the new Director of the European Bank for Reconstruction and Development (EBRD) for the Western Balkans, Matteo Colangeli, as well as with the former Director of that international financial institution, Zsuzsanna Hargitai.