Published at: 2015-01-15 12:46 | Author: Dinu Boboc
Following the outcome of November‘s presidential election, business expectations on the Romanian market were high. While Prime Minister Victor Ponta had spoken repeatedly of investments from China, President-elect Klaus Iohannis was outspoken in his reliance of the engine of the eurozone: Germany
This reflected economic and political reality, as the country is being pulled in differing directions in its search for new investment. Western influence in Romania gained traction in all sectors this year, but there were also signs of a growing political and economic intimacy with China, as prime minister Ponta held high-level talks with political leaders from that country. These resulted in the announcement of massive investments in several key sectors, drowning out to some extent awareness th...

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