“Romania’s main objective in the near term is to ensure a moderate, balanced and sustainable economic growth that would create new jobs,” Isarescu told a round table organized by the central bank. “Sustainability is the key word.”

The central bank’s chief said Romania is faced with a major imbalance regarding the ratio between the number of active employees and the number of retirees, an imbalance that could be fixed by expanding the pool of taxpayers in the social security system.

Moreover, the authorities should focus on creating a stable economic environment to attract new investments.

“The investors… they all want stability and trust. The domestic resources are another key issue, and I’m not talking only about the natural resources, but also about the workforce,” Isarescu said.