Isarescu: Romanian economy will recover in Q3 or in Q4

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Romania’s economy will recover in the 3rd or in the 4th quarter of the year, with an upward trend having already been noticeable, according to the governor of the Romanian National Bank (BNR) Mugur Isarescu, as stating on the occasion of the presentation on Wednesday at the BNR headquarters of a study devoted to the savings to be operated in the banking system.

„I believe the Romanian economy will record a comeback in the 3rd quarter of the year, or in the 4th.
We have already seen the industrial production recovering, beginning with April, which is quite relevant, in the context the sector accounts for a third of the Gross Domestic Product (GDP) of our country,’ the governor said.

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