Sunday, January 24, 2010

EBRD: Moldova's economy to grow by four percent each in 2010 and 2011

The European Bank for Reconstruction and Development released its 2010 economic growth forecast in Europe on Friday.

According to the Bank's predictions, Moldova's economy will grow by four percent each in 2010 and in 2011. Ukraine's economy is predicted to grow by three percent during both years, while Romania will only register a 1.3- and 2.3-percent rate in 2010 and 2011, respectively.

The average predicted growth for the EBRD's entire sample, which includes 29 countries, is 3.3 and 3.8 percent in 2010 and 2011, respectively.

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