Banks' economic analysts are starting to improve their outlookon the Romanian economy and anticipate that ratings agencies willimprove their outlooks, which means upgrading Romania to'investment grade' status again.
Barclays Capital, currently one of the world's most powerfulinvestment banks, has upgraded its growth forecast for Romania from0.4% to 1%.
The Government, bankers and the business community are waitingto see what the economic results will be in the first quarter. Ifthe economy records growth against the fourth quarter of 2010, itwill mean Romania is technically out of recession. The rise inexports exceeded expectations, and left imports behind in January,which has happened very seldom in the last 20 years. Industrycontinued its growth, there were slight positive signs in theconstruction sector, but consumer spending remains the mainproblem.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
