14:27, 11.08.2008 Fitch: Romaniaas Economy Looks More Like Overheating Than Expected In January

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BUCHAREST / 14:27, 11.

08.2008 Romania"s economy shows little sign of adjusting to a more sustainable growth path and the economy looks more like ita€™s overheating than expected in January, Andrew Colquhoun, director with Fitch Ratings, told MEDIAFAX Monday.The Fitch official cited Romania’s strong first-quarter gross domestic product growth, of 8.2%, high inflation at 9.04% in July and the ratings agency’s upward revision for Romania’s expected current account deficit, which...

Read the whole story in: Mediafax