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Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Romanian PM wants no more foreign investors seeking cheap workforce

Speaking in a video conference organised by French investors in Romania, prime minister Florin Citu said that his government is working on a plan aimed at bringing the country in 2028 to the point where the investors will no longer be attracted by the cheap workforce - and the wages will be higher. The state will provide training and professional conversion with this aim.

The investments in education and research would be based on performance only, with a view of stirring competition and generating better results.

"You talked about direct investments in Romania and what we could do to change the paradigm. The things, from my perspective, are quite simple: we are moving to a model of economic development in which, for example, the jobs are well paid, and Romania's attractiveness will no longer be its cheap workforce for types of jobs that generate no great added value. We change things," the PM said, according to G4media.ro.

He made bold statements in regard to education and health - sectors that are broadly seen as underdeveloped by the general public. "I want no more investments in these sectors" that are not driven by results, he said, Hotnews.ro reported.

He praised the "Romania Educata" strategy drafted by the Presidency, a highly controversial document that received plenty of negative reviews. 

iulian@romania-insider.com

(Photo source: Gov.ro)

Normal
Profile picture for user iuliane
Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at iulian@romania-insider.com. 

 

Romanian PM wants no more foreign investors seeking cheap workforce

Speaking in a video conference organised by French investors in Romania, prime minister Florin Citu said that his government is working on a plan aimed at bringing the country in 2028 to the point where the investors will no longer be attracted by the cheap workforce - and the wages will be higher. The state will provide training and professional conversion with this aim.

The investments in education and research would be based on performance only, with a view of stirring competition and generating better results.

"You talked about direct investments in Romania and what we could do to change the paradigm. The things, from my perspective, are quite simple: we are moving to a model of economic development in which, for example, the jobs are well paid, and Romania's attractiveness will no longer be its cheap workforce for types of jobs that generate no great added value. We change things," the PM said, according to G4media.ro.

He made bold statements in regard to education and health - sectors that are broadly seen as underdeveloped by the general public. "I want no more investments in these sectors" that are not driven by results, he said, Hotnews.ro reported.

He praised the "Romania Educata" strategy drafted by the Presidency, a highly controversial document that received plenty of negative reviews. 

iulian@romania-insider.com

(Photo source: Gov.ro)

Normal
 

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