Just Released: "Consumer Lending in Romania"
Romania's projections as of January 2013 estimate a real GDP growth rate of 0.6% in 2012, with an expected growth level of 1.6 percentage points by the year-end. The country's unemployment rate has stagnated at around 7% since the onset of the economic recession in 2009. In 2012, inflation fell to 3.1%, compared with 7.9% in 2011. Sustainable long-term growth entails that Romania adopts measures that ensure compliance with fiscal targets while clearing arrears and improving the quality of...
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