The fears of a technical recession appeared last year after the Germany’s economic growth slowed down significantly. In fact, Germany’s GDP registered, in 2019 Q2 a decline of 0.2% compared to the previous period, while in 2019 Q4 it had 0% growth comparing to Q3. Other countries which slowed down their GDP growth in 2019 were also Italy and France.

The countries who performed in terms of GDP growth in the 2019 Q4 were Hungary, with a growth of 4.6%, followed by Romania, with a growth of 4.2% and, with 3.5%, Poland and Bulgaria.

Romania has thus registered the third year in a row with a growth of its GDP, an economic performance. The economic forecasts of the European Commission for Romania in 2020 show a growing GDP, with 3.8%.

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