Central Bank Official: Labor Productivity Stayed At 50% Of EU Average After 2008, Slows Down Convergence

11.24.2015 By Ecaterina Craciun

Romania registers a "not so favorable" labour productivity which stayed at 50% of the European average after 2008, pointing to a slowdown in the convergence process towards developed countries, central bank deputy governor Florin Georgescu said Tuesday.

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Keywords:
LABOUR PRODUCTIVITY
, CENTRAL BANK
, DEPUTY GOVERNOR