Bucharest, May 3rd – BCR presenting the Macroeconomic Report" Romania – Top 10 challenges"
Leu might be traded at 4,3-4,5 level for most of 2012; economic growth might reach 1%; inflation will reverse its trend during the second part of the year, but will remain within the target range BNR set up for 2012; the improvement of European funds to over 60% and attraction of ISD in agriculture, processing industry and tourism could lead to a cut down of current account deficit by a 2-3% of GDP on a medium term. These are only a few challenges confronting Romania’s economy, declared Lucian Anghel, BCR Chief Economist during the presentation of the Macroeconomic Report " Romania – Top 10 challenges".