Romania’s economy grew 5.8% year-on-year in the first half of 2017, the best evolution since 2008.
”Workforce costs rose by 6.63% quarter-on-quarter and by 19.99% year-on-year in the second quarter, an unsustainable dynamic with unfavourable impact on the economic competitiveness on the short and medium term”, said Radulescu.
Provisional estimates from Romania’s statistics board INS confirm the acceleration of the country’s economy to 5.9% year-on-year in the second quarter of 2017, an evolution triggered by local demand, sustained by a relaxed mix of economic policies.