Romania’s prudent macroeconomic management has enabled a quick recovery from the global financial crisis. Economic activity picked up in 2013 and is forecasted to reach around 2.8% in 2014, driven by the gradual improvement in the domestic demand, led by the private consumption, and by exports, mainly to the EU.
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November 12, 2014 — One hundred representatives of the Government, Parliament, ambassadors, opinion leaders, academia, corporate sector, NGOs, and media attended the event hosted by the Romanian Diplomatic Institute.Read More »
The latest Global Economic Prospects report gives an outlook on the world economy for the coming years. Growth is expected to pick up in developing countries and high-income economies may finally be turning the corner five years after the global financial crisis. Read More »
Romania has surmounted significant challenges on its path to EU membership. However, the Romanian economy has recently come under pressure due to the lack of reforms in employment and education, according to a World Bank report.
Efficient spatial planning can lead to better economic, social, and environmental outcomes. That’s the idea behind a World Bank Report, which argues that such planning can play a strategic role in driving development.