World Bank VP: Romania Needs 5%- 6% GDP Growth To Converge With EU Living Standards

04.04.2014 By Claudia Medrega

Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural reforms in the coming period along with prudent fiscal and monetary policies, says Laura Tuck, World Bank vice-president for Europe and Central Asia.

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Keywords:
world bank
, laura tuck
, economic growth