PM: Romania Sees Highest Economic Growth In EU; Is Ready To Join Euro Zone
Romania’s economy has witnessed the highest growth in the European Union and the country is ready to join the euro zone, Prime Minister Victor Ponta told CNBC.
Romania registered an economic growth of 1.6% in the third quarter of the year, compared to a 0.2% growth in EU and a 0.1% economic growth in the euro zone.
To sustain growth, Romania must continue structural reforms and ensure political and economic stability, Ponta added. (Evenimentul Zilei)
Romanians Cut Holiday Budgets But Won’t Renounce Vacations
Romanians are willing to spend between EUR270 and EUR370 per family on vacations in Romania and between EUR750 and EUR950 to spend holidays abroad, the National Association of Tour Operators (ANAT) said in a press release.
This year’s edition of the tourism fair organized in Bucharest between November 14 and November 17 confirmed that Romanians are interested in early booking offers, ANAT said.
Even if Romanians shortened their holidays and cut budgets, they won’t give up holidays and would even turn to financial instruments to go on vacation, according to ANAT. (Romania Libera)