In Romania we focus on:
Promoting stability and expanding products in the financial sector. Given the continuing global economic and financial uncertainty, the stability of the financial sector is still at risk. Further development is also required in the areas of leasing and insurance and local capital markets.
Strengthening infrastructure through improved efficiency and greater private sector involvement. It is necessary to develop the national infrastructure sector, especially roads, and, where appropriate, to introduce private sector investment via concessions /PPPs and the privatisation of transport operators. In many infrastructure operations (water, waste, roads, rail, district heating, etc.) there is a need for improved operating efficiency and service levels, and less dependence on public subsidies and state financing.
Restructuring the power sector and increasing energy efficiency and sustainability. A large part of Romania’s energy sector is still state-owned and needs to be restructured and/or privatised to encourage investment and to promote efficiency. Despite improvements in recent years, Romania is still an energy-intensive economy and needs to make further progress in the transition to an efficient, low carbon economy.
Invitation to comment
The EBRD has started work on the revision of its strategy for Romania and invites comments from the public based on the draft strategy.
Any comments should be submitted to email@example.com no later than 27 August 2015 so that they can be taken into account.
A summary of the public comments received will be made available to the Board of Directors before final approval by the Board. While taking into account comments made during this exercise, the Bank will not respond individually to public comments or communications.
After the strategy has been approved the summary of public comments received, as well as management’s response, will be posted on the Bank’s web site.
The EBRD’s latest Romania strategy was adopted on 28 February 2012
Current EBRD forecast for Romania’s Real GDP Growth in 2015 3.0%
Current EBRD forecast for Romania’s Real GDP Growth in 2016 3.2%