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Romania

Capital: Bucharest ; GDP growth (annual %) 2016 : 4.8%

Investors spooked by Property Regulations in Africa

The African real estate market needs stronger regulations and a additional reliable policy of law in order to attract investment in the continent — Africa Property News.com has learned.

Various large Listed South African funds feel African real estate is a long term game hindered by weak laws. They need recourse if something goes wrong.
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ETOA: Suspension of visa exemption status for US citizens "extremely unlikely"

The European Parliament voted on 2nd March 2017 to require the European Commission to suspend visa exemption status for US citizens.

In ETOA's view this is extremely unlikely to happen: the Council of the EU will object and the status quo will prevail.

The situation arises because, since 2014, citizens of Bulgaria, Croatia, Cyprus, Poland and Romania have needed a visa to visit the US. This means that there is not full reciprocity in treatment of EU and US citizens.

EU legislation provides for a 'delegated act' allowing the Commission to suspend exemption from visa requirements in the event of 'non-reciprocity.' This would apply to citizens of nations that impose visa requirement on EU citizens.
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Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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glObserver provides the latest business news Country Analysis and Reports for t

Key Facts: Full name: Romania
Population: 21.4 million (UN, 2011)
Area: 238,391 sq km (148,129 sq miles)
Major language: Romanian
Major religion: Christianity
Life expectancy: 71 years (men), 78 years (women) (UN)
Monetary unit: 1 new leu = 100 bani
Main exports: Textiles and footwear, metal products, machinery, minerals
GNI per capita: US $7,840 (World Bank, 2010
Internet domain: .ro
International dialling code: +40

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Country Profile

Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Brexit negotiations should treat energy as ‘special case’
2017/05/14
There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.

The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.

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Romania - today's golden opportunity
2013/05/18
GDP is estimate to grow 1.5% in 2011, which is unsurprising given its assets, since the country boasts a number of precious natural resources, such as oil, timber, natural gas, coal, salt and iron ore, inclunding a growing renewable energy sector and rich agricultural lands. Romania therefore finds itself in an enviable position to benefit from the world increase in energy and food request.

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Outlook for 2014-18
2013/10/28

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Outlook for 2013-17
2013/05/18
The country (Romania) is situated in Southeastern Europe, bordering the Black Sea, between Bulgaria and Ukraine.
is central Transylvanian Basin is separated from the Plain of Moldavia on the east by the Carpathian Mountains and separated Romanian land covers an area of 237500 km²from the Walachian Plain on the south by the Transylvanian Alps

Romanian(s) speak Romanian (official), Hungarian, German. The climate is temperate; cold, cloudy winters with frequent snow and fog; sunny summers with frequent showers and thunderstorms.

OVERVIEW

Continued opposition from some EU member states will block Romania's Schengen membership. It is not certain that the government will negotiate a new IMF agreement, although we considers this likely given continued euro zone uncertainties.

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