Real GDP growth is forecast to remain strong over the forecast horizon, supported by fiscal easing and wage increases. Unemployment decreased significantly in 2016 and is projected to remain stable at low levels. With a positive output gap and the impact of previous tax cuts fading, inflation is set to pick up. The general government deficit is projected to widen due to tax cuts and public spending increases.
Romania’s economic path stands for solid proof that our country is currently a reliable partner for profit-oriented worldwide entrepreneurs to take upon.
Nowadays business is not static, it is constantly changing, it is exciting and challenging. We all need to be striving to keep up and hopefully lead the way in this environment. A critical issue of national enterprises is how to effectively respond in the irrepressible dynamic global business environment. Thus in order to avoid new headaches in 2017 due to factors such as political uncertainty and stunted trade you may need to find the key that can predict the future of your business.
