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Romania’s investors ask for EUR 30 bln "shock therapy" to save economy from long-term Covid-19 recession

Some of the biggest business organizations in Romania and hundreds of local investors, entrepreneurs and managers have initiated a “Call for Saving the Economy” asking the state authorities for an economic stimulus package worth EUR 30 billion, the equivalent of 15% of the country’s gross domestic product (GDP). They warn that the local economy could collapse in the absence of massive state involvement. Romania should even consider ...

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