Romania May Enter Recession in First Quarter, Dragoi Says
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Romania’s economy may post its second quarterly contraction and “enter a technical recession” because of cold-weather disruptions, Finance Minister Bogdan Dragoi said.
The economy may shrink in the first quarter compared with the previous three months of last year and will probably grow 1.5 percent from the same period a year earlier, Dragoi said during his first conference in Bucharest since his appointment.