BUCHAREST, Romania – Romania’s economy is set to outpace its stagnating neighbors this year, helped by European Union funding, currency stability, and foreign investment driven in part by reshoring fromThe International Monetary Fund expects a 3.1% expansion, while even the European Commission’s 1.8% growth forecast would place it well ahead of Poland – seen growing 0.
Prime Minister Nicolae Ciuca has said the government aims to tap more than 10 billion euros a year, equivalent to about 4% of GDP, of about 90 billion euros of EU funding available to Bucharest through to 2027. “This is an entirely new development, and I would caution anyone [in Hungary] against weakening the forint further, or not raising the minimum wage,” said Sandor Baja, managing director for the Czech Republic, Hungary, and Romania at staffing company Randstad.
A 2022 survey by Ernst&Young showed more than half of 101 foreign companies planned to set up or expand operations in Romania, primarily in supply chains and logistics, ranking it fourth in Europe by intention to invest.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IN PHOTOS: Juancho Trivino and Alonso Eliam's father-and-son momentsAfter a year of being married, celebrity couple Juancho Trivino and Joyce Pring welcomed their first child named Alonso Eliam on July 2, 2021. As a first-time dad, Juancho has been sharing many photos featuring his bonding moments with Eliam on Instagram. Some of these adorable photos are their cute basketball training, travel in Europe, and happy times in their home. Since becoming a family, Juancho and Joyce have received so many blessings. Recently, the two announced that they are expecting their secondborn. While waiting for their second child, take a look at Juancho and Eliam's cutest
Source: gmanetwork - 🏆 12. / 63 Read more »
Shares of Ant-linked firms rise after news of Jack Ma ceding control; Alibaba jumpsShares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »
In Zamboanga Sibugay, brew comes out of rebel lairsWith NPA guerrillas turning their back on the underground communist movement, the rebels’ brew has found its way into the local wellness market, attracting a growing clientele. | alipalajulieINQ /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »
'The Cash: Celebration,' mapapanood sa 200th episode ng 'The Boobay and Tekla Show'Abangan ang 'The Cash: Celebration' sa ika-200th episode ng 'The Boobay and Tekla Show' sa darating na Linggo (January 8).
Source: gmanetwork - 🏆 12. / 63 Read more »
EU suppliers to bear carbon footprint costThe Philippine export industry is preparing for the implementation of a new regulation of the European Union (EU) that will account for carbon usage in traded goods, a measure that entails
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Secret weapon? Cone, Brownlee rave as Pringle surprises Bay Area with vintage outingAfter failing to breach double-digits in the first four games of the PBA Commissioner's Cup finals, former All-Star Stanley Pringle catches Bay Area off guard with a vintage 20-point Game 5 outing. PBAFinals
Source: rapplerdotcom - 🏆 4. / 86 Read more »