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RoEM report predicts 0.5% economic contraction in Romania this year, driven by political crisis

Experts of Babes Bolyai University in Cluj-Napoca, compiling the Romanian Economic Monitor (RoEM), forecasted economic contraction of 0.5% this year amid political instability, a sharp revision from the 0.2% growth projected after the chronicisation of the  Middle East war and a more optimistic 0.8% growth set at the beginning of the year. [....]