ING Bank Report: Next decade, Romania could compete with Austria and Sweden for a spot in top 10 EU economies
Austria
Romania’s nominal GDP could exceed EUR 700 billion in 2034 and approach EUR 800 billion in 2035, assuming a real growth rate of around 3% per year and a similar average inflation rate. These projections would place Romania in competition with countries like Austria and Sweden for a spot among the top 10 economies in the European Union, according to macroeconomists from ING Bank. At the same time, the standard of living for Romanians is expected to improve significantly, as reflected by the
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