EBRD approves new Country Strategy for Romania
Romania, Sept. 29 -- The EBRD's Board of Directors has approved a new Country Strategy for Romania which will guide the Bank's investment and policy engagement in the country during the next five years. It will focus on private-sector competitiveness, economic resilience and the green economy transition.The Bank is a major investor in Romania and combines investments with support for reforms that help improve the business environment in the country and mobilise investment from other sources. To date, the EBRD has invested more than €12 billion in the Romanian economy.Since joining the European Union in 2007, Romania has rapidly closed its historical income gap with regional peers, with real output per capita and labour productivity re...
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