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Capital - Romania | Friday, April 25, 2008

Good prospects for the Romanian economy

The British weekly The Economist has predicted that by the year 2020 Romania's economy will be as developed as that of Italy. Andrei Postelnicu comments: "This prognosis reminds us that Romania's current course of progress is chaotic, lacking in strategy and clear measures. Its accession to NATO was the result of the geopolitical situation. Its EU accession ended in a political compromise regarding economic and juristic criteria which the whole world knew we couldn't fulfil. ... According to the Economist, we now have the chance to stop oscillating between the foolish notion that we are the centre of the universe and our image of ourselves as eternal victims. ... Spain caught up with Italian standards in 2006 - with the help of hundreds of thousands of Romanian immigrants. So why shouldn't we be able to achieve this before 2020?"

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