The International Monetary Fund (IMF) has revised downwards its forecast for the Romanian economy this year, projecting a contraction of 0.5%, compared with growth of 0.7% forecast in April and an expansion of 1.4% in October last year, according to the latest ‘World Economic Outlook' (WEO) report published by the international financial institution on Tuesday. The IMF has also slightly lowered its forecast for Romania's GDP growth in 2027, to 2.2% from the 2.5% projected in the spring. According to the international financial institution, Romania and Ireland are the only countries in both advanced and emerging Europe expected to record a contraction in gross domestic product this year, of 0.5% and 1% respectively. [...]