Romania’s economic upside

Written by Catalin Hosu

As the latest European Economic Forecast makes clear, Romania has an economy with an enormous upside. But whether Romania can harness that potential depends in part on whether the country will open itself up to major foreign investment projects that will generate employment and grow the national GDP.

The proposed gold mine in Roşia Montană is a good example of how foreign investment can help address Romania’s economic problems. These are just three examples of how the project will help the national economy, along points highlighted by the EU report:

This EU report parallels the point made by the Democracy Institute’s recent study of Romania, which stated that progressive economic projects like the Roşia Montană gold mine could be a key part of delivering Romania’s economic future. As RMGC General Manager Dragos Tanase has said, “The Roşia Montană gold mine can be a standard bearer for a revitalized mining sector, attracting local overseas investmet into Romania, and boosting the Romanian economy.”


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