Romania sees 2005 GDP growth 5.1-5.2 pct
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The Romanian government expects gross domestic product to grow by 5.1 to 5.2 percent year-on-year in 2005, the Adevarul newspaper reported Wednesday.
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The U.S. economy grew at a revised  5.6 percent annual rate in the first quarter as the fastest  pace of growth in 2-1/2 years generated robust corporate  profits, the Commerce Department said on Thursday.
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The German government is counting on job market reforms to lower unemployment in 2005, while predicting growth of at least 1.5 percent of gross domestic product (GDP), according to a draft report quoted by the Welt am Sonntag newspaper.
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A survey conducted by the Brazilian Census Bureau indicates the country&#39;s economy expanded by 5.7 percent in the second quarter, exceeding analysts&#39; expectations.
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BEIJING -- The central bank says China's economy should grow by 10.5 percent this year, state media reported yesterday, even stronger than the 10 percent predicted last week by the National Bureau of Statistics.
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The French economy grew at its fastest rate in five and a half years in the second quarter, figures show.
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The economy will likely pick up in 2007 after output growth slows rapidly in late 2006, according to a survey conducted by the Philadelphia Federal Reserve Bank released on Thursday.
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Russia's government said Wednesday the country's economy grew by 7.1 percent last year, an increase in its preliminary estimates.
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The Austrian corporate investment in Romania may double by 2007, the year when the latter is scheduled to join the EU.
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Asian economies are heading for robust economic growth in 2004, followed by a slight slowdown in 2005, the Asian Development Bank has said.
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The Index of Leading Economic Indicators, a widely watched gauge of future economic activity, rose in November, reversing a five month trend, a private research group reported Monday.
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In its latest Asian Development Outlook released today, the ADB said GDP growth projections for 2004 have been raised by about half a percentage point in both East Asia and Southeast Asia.
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French junior Budget Minister Dominique Bussereau said that the government's forecast of 2.5-percent growth in 2005 still looked &quot;reasonable&quot; but acknowledged that it might have to be changed if the price of oil remained high.
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The countryâs gross domestic product (GDP) rose 6.2 percent in the second quarter of the year, while gross national product (GNP) went up by 5.7 percent despite the rising world oil prices.
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The European Commission said Wednesday Romania and Bulgaria could join the European Union in 2007 if reform momentum is maintained.
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The International Monetary Fund expects Bulgarian gross domestic product to grow by 5.3 percent in 2004, the organization said Thursday.
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WASHINGTON, Aug 17  - The International Monetary Fund said on Tuesday the near-term economic outlook for the Czech Republic, a European Union newcomer, was favorable with growth expected to strengthen.