UniCredit Tiriac Bank: Foreign direct investments to Romania to reach EUR 5 bln this year
The public sector has sent some positive messages at the end of 2010 and the beginning of 2011 on some structural reforms, like the 2011 state budget law, the unitary salary law and the pensions law. “All these reflect some sort of improvement and a continuation of reforms in 2011,” said Pal. UniCredit believes the Romanian economy dropped by 2.5 percent last year and expects an economic increase of 1.7 percent for 2011.
Foreign direct investments in the first 11 months of last year stood at EUR 2.27 billion in Romania, according to data reported by the Romanian Central Bank (BNR). FDI to Romania reached EUR 4.89 billion in 2009, down almost 50 percent on 2008.
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