BNR's Lazea: A century later, Romania returns to similar level of relative development against other countries

After a century, Romania has returned to the same level of relative growth against other countries, calculated as per capita Gross Domestic Product (GDP), purchasing power parity based, of 59 percent of the European Union average, compared with the 67-percent EU average in 1913, according to data presented by Valentin Lazea, chief economist of the National Bank of Romania (BNR), on Tuesday at a specialist conference. "The context of the last 100 years ...

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