Announcement

Collapse
No announcement yet.

Romania worse off upon entering the EU - former Min V. Vosganian

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Romania worse off upon entering the EU - former Min V. Vosganian

    Romania worse off upon entering the EU
    Thursday, 01 December 2011

    Upon entering the European Union, Romania has gotten poorer, stated
    former Romanian Minister of Economy Varujan Vosganian in an interview
    for daily "Business 24".

    - Ever since we entered the EU, we found out that we can not compete
    with other member states. We also found out that it is a lot worse
    being poor outside the EU, than inside.

    According to Vosganian, Romania with other member states is sitting at
    a table full of food, however it isn't allowed to reach for any of it.

    - I do not see a quick end to the financial crisis in EU and Romania,
    stated Vosganian in his interview adding he expects less and less
    foreign investments in Romania.

    The PM of Romania Emil Bok has said his nation was experiencing the
    most difficult period in the last 60 years.

    As part of Romania's austerity measures, the administration slashed
    their salaries by 25%, while pensions were cut by 15%.

    Over 150,000 governmental jobs were also slashed.


    http://macedoniaonline.eu/content/view/19720/46/




    From: A. Papazian
Working...
X