HOPEFUL ROMANIA



The citizens of Romania have a lot to look forward to as the government is on a steady path of regional and international integration. Romania became a NATO member in 2004 and more recently a member of the EU in 2007. The banking sector has changed from a monolithic sector to a competitive system boasting over 40 regional and foreign banks. Because of this change the International Monetary Fund (IMF) has provided Romanian banks with a 20 Billion Euro loan to help provide small businesses credit. In order to stabilize the economy, the government has put public infrastructure on the top of its lis With access to the Black Sea, Romania will focus on modernizing the rail systems, roads systems, ports and airports to encourage foreign investment in a state that has good opportunity for trade and tourism. Many aspects will need to fall into place for Romania to become a world influence, but the most important aspect to take care of is the infrastructure needed to take Romanian business to the next level. As with all developing countries, Romania must be able to spread growth to all its regions and not focus on a few regions that already have a head start. Romania will need to get all of their citizens onboard to work for a more developed, stronger country.

0 Comments:

Post a Comment