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Country data
- Population:
- 21.5 million
- Area:
- 238,000 sq km
- Capital:
- Bucharest
- Currency:
- Romanian leu
Key developments and challenges
Growth has resumed and macroeconomic stability has been preserved. The growth rate in 2011 was influenced by an exceptional performance in agriculture, and inflation fell to historically low levels, but economic performance in 2012 is being adversely affected by the eurozone crisis.
Problems persist in the energy sector but are being addressed. Romania has faced infringement action by the European Commission over the persistence of regulated prices, but the government has committed to phase these out over time.
Financial sector contingency planning has been stepped up. The banking sector has coped well with the crisis but vulnerabilities remain; the authorities have taken steps to strengthen coordination and bank resolution powers.
More developments and challenges
Romania
Key facts about the EBRD's work in Romania
|
No. of projects |
314 |
|---|---|
|
Net business volume |
€5.7 billion |
|
Total project value |
€16.5 billion |
|
Gross disbursements |
€4.7 billion |
|
Portfolio in private sector |
76% |
Our strategy in Romania
Through its activity in Romania in the coming years, the EBRD will develop projects that will assist Romania in maintaining stability in the financial sector, to support further growth of Romanian enterprises and small and medium-sized enterprises (SMEs). The Bank will support Romania’s transition to a low-carbon economy and enhance its energy efficiency and security and will promote commercialisation, competition and private sector involvement in infrastructure.
NEWS
CONTACTS
Metropolis Center
56-60, Iancu de Hunedoara Bd., 3rd floor, West Wing
Sector 1, Bucharest
Romania
Tel: +40 21 202 7100
Fax: +40 21 202 7110