Romania's EU Journey: From Economic Chaos to Stability

Romania's Economic Transformation: A Look Back and Ahead Romania's journey since joining the European Union has been marked by significant economic changes. Before EU accession, the country faced considerable instability, as highlighted by a recent interview with economic experts Dragoș Petrescu and Radu Burnete. "Before joining the EU, Romania was in chaos," Petrescu stated, describing the volatile exchange rates and the unpredictable business environment. The pair discussed how the dollar's value could fluctuate wildly in a single day, creating major challenges for businesses. The EU's influence has brought greater stability and predictability, allowing businesses to thrive and contributing to overall economic growth. This transformation showcases the positive impact of EU membership on Romania's economic landscape. The experts' insights provide valuable context for understanding Romania's economic progress and the ongoing challenges it faces.