Market Report, "Financial Cards and Payments in Romania", Published
First signs of Romania's post-crisis recovery became visible during early 2011, but up until 2012 there are still numerous areas in need of progress. GDP increased by 0.7% over the first three months of 2012 versus 2011, fuelled by the export sectors, while household consumption and investments stayed considerably low. The housing market (namely construction of new real estate properties) is still stagnating, the unemployment rate is constantly declining from 7.6% and corporate access to loans...
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