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Iohannis: Romania on par with France in EU’s estimated economic growth ranking

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Romania‘s President Klaus Iohannis stated on Wednesday that forecasts show that 2021 bodes well for Romania’s economic rebound and that the country is on par with France in the EU’s estimated economic growth ranking, according to Agerpres. 

„Currently, against the European and national extensive vaccination rollout launched early in the year, we see that the pandemic subsides and social and economic life is gradually gaining traction. For Romania, 2021 offers the most encouraging signals, as our country is on par with France at the top of EU’s economic growth estimates,” said Iohannis in a message presented by presidential advisor Cosmin Marinescu in the opening of the French – Romanian Economic Forum.

Other relevant statements by Klaus Iohannis:

  • „The pandemic has put enormous pressure on public budgets through extraordinary spending and support measures for the private sector and in managing these effects, responsibility and perseverance in fiscal consolidation and back-to-sustainability efforts are once again paramount.
  • Klaus Iohannis pointed out that France has always been a privileged partner for Romania at a European and global level, and calls for the further development of the economic dimension of a Strategic Partnership, bilaterally and the cooperation on the importance of the future of the Union.
  • „Many French companies have invested in key sectors, managing overtime to build successful businesses with a strong national and international impact. Let us look for example at the success story of Dacia – Renault, which can be taken over and multiplied in other sectors of activity. Bilateral economic cooperation has clear development prospects that deserve to be better used in the future” 
  • „Areas such as energy, aeronautics and defence, agriculture, smart industries, research and innovation are all key sectors where the French experience meets the Romanian potential to create new investment opportunities, more and better-paid jobs, but also products with high added value.”
  • „Whereas 2020 was the year of the pandemic, I am convinced that 2021 will be the recovery and resilience year.”