Romania: UniCredit, growth will slow down in 2018 and 2019
From 7% last year to 3,7-3,3%
22 October, 15:31"Political and fiscal risks will dominate the agenda this year and next," a UniCredit report on Romania said, adding that the slowing down of the growth is mainly due to "tighter financial conditions, limited scope for fiscal stimulus and slow income growth." Among the potential reasons for the economy slowing down, UniCredit mentioned also the poor harvest in 2018 and weaker European demand in 2019. (ANSA).