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Romania GDP contracts y/y in Q2; full-year recession looms
bne IntelliNews·RO·about 10 hours ago
Romania's Fiscal Council warns of a possible mild recession in 2026 as deficit-reduction measures slow the economy amid an unfavorable international environment. Forecasts for 2026 range from -0.2% to +0.7% growth, with recovery expected in 2027. The warning signals downside risk to growth and potential fiscal drag.