The chief economist of UniCredit-Tiriac Bank, Dan Bucsa considers that agriculture and the positive base effect might result in a 1.5 % economic growth this year. That is if turbulences on financial markets do not worsen, which would allow industry to keep its place as top contributor to the advance of the Gross Domestic Product (GDP). Just like other analysts, the economist of UniCredit-Tiriac Bank bets on agriculture. He says that, as against the 2010 output (which was close to the average of the last decade) the 2011 agricultural output might contribute 0.3 % to the GDP increase in 2011. Agriculture Minister Valeriu Tabara said Saturday in Zlatna that the government is in talks with various countries for the sale of Romania?s crop and also in order to attract investors in the local agriculture. According to the minister, the surface of the farmland left barren at country scale has significantly decreased against the situation before year 2000, to less than one million hectares.
Source of the news: Nine o?clock (Read More)
Source: http://www.morningnewsbrief.ro/business-commerce/economic-growth-coming-from-agriculture-too-in-h2/
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.