The European Commission estimated that Romania’s GDP will grow by 2.5 percent in 2014 and 2.6 percent in 2015, after expanding by 3.5 percent last year. Previously, the Commission announced a growth of 2.3 percent for this year and 2.6 percent next year, compared to November 2013 when the numbers were even lower: 2.1 percent in 2014 and 2.4 percent in 2015.

The European Commission emphasizes that internal consumption will become the main engine for economic growth, which in the past had to support itself through exports and agriculture.

At the same time, the Commission anticipates that “investments will catch momentum” this year, supported by a better absorption rate for European Funds and “big infrastructure projects”. (source: business-review.eu)