Romania overview

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In Romania we focus on:

  • Sustainable infrastructure and regional development;
  • Productivity by helping private companies expand and improve workforce skills;
  • Financial intermediation and further development of capital markets.

As well as being a country where the EBRD works, Romania is also an EBRD donor. At the time of its accession to the European Union, Romania made available €18 million from state budget and EU’s pre-accession funds to support access to finance to local micro enterprises. More recently, Romania became a donor to the Eastern Europe Energy Efficiency and Environment Partnership Fund, contributing €100,000 for projects in Moldova.

The EBRD’s latest Romania strategy was adopted on 23 April 2020

Romania's policy response to the coronavirus crisis

The EBRD is monitoring Romania's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

Current EBRD forecast for Romania’s Real GDP Growth in 2021 6.0%

Current EBRD forecast for Romania’s Real GDP Growth in 2022 5.0%

Romania weathered the Covid-19 crisis better than initially expected, as GDP fell by 3.9 per cent in 2020. Overall, private consumption had the steepest decline in 2020 of 4.9 per cent, while resilient investments and improved net exports had positive contributions to growth. In the last two quarters, the economy has expanded at a robust pace, as containment measures had a limited impact on economic activity. In the first quarter of 2021, GDP reached pre-pandemic levels in adjusted terms, signalling a strong momentum for short-term recovery driven by domestic demand.

Romania in the EBRD’s 2020-21 Transition Report

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