Meet the crisis managers
Romania’s new Government prepares to troubleshoot the economic legacy of an overheating market and a bitter political war February 2010 - From the Print Edition
A new team in charge of Romania is introducing harsh short-term measures in the hope this will ensure long-term growth for the EU country.
Tough salary slashes and sackings in 2010 will target the public sector in a year in which analysts expect there to be little growth, large bankruptcies and high unemployment.
Romania suffered a harsh 2009 due to a three pronged attack – the international financial crisis, a deep-freeze on its overheating market and a bitter battle between politica... To continue reading this article you have to be registered
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