yesterday 19:44
Romania faces economic stagnation, falling into the middle-income trap after 25 years of growth.
Gabriel Dumitrache

News
Foto: Shutterstock
Romania's current economic model is considered insufficient to sustain progress, compared to the experiences of other European countries such as Portugal and Greece. After 25 years of economic convergence, Romania has reached an average level of development, but is now in a situation where it can no longer move forward without significant reforms. This stagnation suggests the need to review economic strategies to avoid a situation similar to that of other European countries.