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IMF expects Romania to have the highest economic growth in Europe in 2016 and 2017

flamer84

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The International Monetary Fund (IMF) estimates that Romania’s economy will increase by 5% this year and by 3.8% in 2017, according to the World Economic Outlook report published on October 4.

IMF’s forecast shows Romania as Europe’s fastest-growing economy. The European economy as a whole is expected to grow by 2% this year and by 1.8% next year while the economies in Emerging Europe should grow by 3.3% and 3.1%.

At global level, IMF estimates an economic growth of 3.1% in 2016 and 3.4% in 2017.

In the previous World Economic Outlook report released in spring, IMF estimated for Romania a growth of 4.2% in 2016 and 3.6% in 2017.


http://www.romania-insider.com/imf-expects-romania-highest-economic-growth-europe-2016-2017/
 
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Shouldn't title be be Highest Economic Growth Rate in Europe?

Large Economies like Germany, France etc will grow more but their rate will be lower according their economic size.

:tup: to Romania for economic progress.
 
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The International Monetary Fund (IMF) estimates that Romania’s economy will increase by 5% this year and by 3.8% in 2017, according to the World Economic Outlook report published on October 4.

IMF’s forecast shows Romania as Europe’s fastest-growing economy. The European economy as a whole is expected to grow by 2% this year and by 1.8% next year while the economies in Emerging Europe should grow by 3.3% and 3.1%.

At global level, IMF estimates an economic growth of 3.1% in 2016 and 3.4% in 2017.

In the previous World Economic Outlook report released in spring, IMF estimated for Romania a growth of 4.2% in 2016 and 3.6% in 2017.


http://www.romania-insider.com/imf-expects-romania-highest-economic-growth-europe-2016-2017/
i knew you were gonna post this.
its good.
kudos.
oh not to put a dampener on things but were the fastest growing economy in the g7
 
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Congrats to Romania. 5% is quite alot. Even though it's from a low base, but still commendable nevertheless. Keep up the momentum . Kudos to Romania. :)
 
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How about tourism economy? Does that contribute anything to the overall figure @flamer84 ?

I have a wanderlust for Transylvania. Vampires....=[[
 
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i knew you were gonna post this.
its good.
kudos.
oh not to put a dampener on things but were the fastest growing economy in the g7

Why would it be a dampener ? Best of luck to all Euro countries,prosperity brings stability.

How about tourism economy? Does that contribute anything to the overall figure @flamer84 ?

I have a wanderlust for Transylvania. Vampires....=[[

Unfortunately,tourism doesn't reach its full potential in Romania.While having one of the most well preserved ecosystems in Europe,with mountain regions,the Danube Delta,beaches,tourism is hampered by the goverment's inability to set up a proper infrastructure.

5f47840c5ee678b8c16ce80b39d7a0ad.jpg

Carpathian-wolves-in-Southern-Carpathian-mountains-Romania.jpg

carpathian_bear.jpg

Danube.jpg

1380456543_01.jpg
 
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Magical it is. I dunno why but your region appears to have mystery and romance. Do you people feel like that too?
Unfortunately,tourism doesn't reach its full potential in Romania.While having one of the most well preserved ecosystems in Europe,with mountain regions,the Danube Delta,beaches,tourism is hampered by the goverment's inability to set up a proper infrastructure.

5f47840c5ee678b8c16ce80b39d7a0ad.jpg

Carpathian-wolves-in-Southern-Carpathian-mountains-Romania.jpg

carpathian_bear.jpg

Danube.jpg

1380456543_01.jpg
 
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Magical it is. I dunno why but your region appears to have mystery and romance. Do you people feel like that too?

Yes.Altough a EU member and a modern country,Romanians are stil deeply spiritual.That's probably because ,unlike most European countries we re still rich in fauna and flora,that's why we still have thousands of bears and wolves (biggest populations in Europe,outside Russia),roaming the mountains and hills.

In medieval times,Romanians always sought refuge into the darkness of the forrests and mountains when invaders came.That created a bond through the ages.We have a saying...."Codru-i frate cu Romanu'"....."The forrest is the brother of the Romanian"
 
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I love this stuff! Thaaaaanks. :cheers:

And a few other pictures...

37a3a5f44f53c31aa7fc47bbfc6f7b6e.jpg

aerial-view-of-sibiu-old-town-in-transylvania-romania-lutheran-cathedral-tower-and-small-square-piata-Mica-1600x1066.jpg

romania-voronet-painted-chu.jpg

old-casino-constanta-romania_main.jpg

062%20Merry%20cemetery%20Sapanta%20%20Romania%20Aug%202004.jpg


And you people are good looking too. LoL ;) Vampires and vampiras, ain't so? Would love to visit and stay! Appreciate much.
Yes.Altough a EU member and a modern country,Romanians are stil deeply spiritual.That's probably because ,unlike most European countries we re still rich in fauna and flora,that's why we still have thousands of bears and wolves (biggest populations in Europe,outside Russia),roaming the mountains and hills.

In medieval times,Romanians always sought refuge into the darkness of the forrests and mountains when invaders came.That created a bond through the ages.We have a saying...."Codru-i frate cu Romanu'"....."The forrest is the brother of the Romanian"
 
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The last picture is

https://en.wikipedia.org/wiki/Merry_Cemetery

The Merry Cemetery (Romanian: Cimitirul Vesel pronounced [t͡ʃimiˈtirul ˈvesel]) is a cemetery in the village of Săpânța, Maramureş county, Romania. It is famous for its colourful tombstones with naïve paintings describing, in an original and poetic manner, the people who are buried there as well as scenes from their lives. The Merry Cemetery became an open-air museum and a national tourist attraction.

The unusual feature of this cemetery is that it diverges from the prevalent belief, culturally shared within European societies – a belief that views death as something indelibly solemn. Connections with the local Dacian culture have been made, a culture whose philosophical tenets presumably vouched for the immortality of the soul and the belief that death was a moment filled with joy and anticipation for a better life

An epitaph on the stones

Romanian
Sub această cruce grea
Zace biata soacră-mea
Trei zile de mai trăia
Zăceam eu și cetea ea.
Voi care treceți pă aici
Incercați să n-o treziți
Că acasă dacă vine
Iarăi cu gura pă mine
Da așa eu m-oi purta
Că-napoi n-a înturna
Stai aicea dragă soacră-mea


English
Under this heavy cross
Lies my poor mother in-law
Three more days should she have lived
I would lie, and she would read (this cross).
You, who here are passing by
Not to wake her up please try
Cause' if she comes back home
She'll criticise me more.
But I will surely behave
So she'll not return from grave.
Stay here, my dear mother in-law!

Rumunia%2C_Sapanta%2C_Weso%C5%82y_Cmentarz_-Aw58-_28_IV_2012_r..JPG


Traditional folk costumes

1698b847c2e4fe98c05adcdc9d420590_XL.jpg

popular-costumes.jpg

romanians-folk-dance-traditional-dresses-eastern-europe.jpeg

images


romania-children.jpg

roturism_traditii_calusul_foto6.jpg


And....a folk dance ...."Calusul"

 
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Poetry, folk tales, fairies. Keep sharing, love to know more..... Don't hesitate to tag me when you come up with something, I'm interested much. :)
The last picture is

https://en.wikipedia.org/wiki/Merry_Cemetery

The Merry Cemetery (Romanian: Cimitirul Vesel pronounced [t͡ʃimiˈtirul ˈvesel]) is a cemetery in the village of Săpânța, Maramureş county, Romania. It is famous for its colourful tombstones with naïve paintings describing, in an original and poetic manner, the people who are buried there as well as scenes from their lives. The Merry Cemetery became an open-air museum and a national tourist attraction.

The unusual feature of this cemetery is that it diverges from the prevalent belief, culturally shared within European societies – a belief that views death as something indelibly solemn. Connections with the local Dacian culture have been made, a culture whose philosophical tenets presumably vouched for the immortality of the soul and the belief that death was a moment filled with joy and anticipation for a better life

An epitaph on the stones

Romanian
Sub această cruce grea
Zace biata soacră-mea
Trei zile de mai trăia
Zăceam eu și cetea ea.
Voi care treceți pă aici
Incercați să n-o treziți
Că acasă dacă vine
Iarăi cu gura pă mine
Da așa eu m-oi purta
Că-napoi n-a înturna
Stai aicea dragă soacră-mea


English
Under this heavy cross
Lies my poor mother in-law
Three more days should she have lived
I would lie, and she would read (this cross).
You, who here are passing by
Not to wake her up please try
Cause' if she comes back home
She'll criticise me more.
But I will surely behave
So she'll not return from grave.
Stay here, my dear mother in-law!

Rumunia%2C_Sapanta%2C_Weso%C5%82y_Cmentarz_-Aw58-_28_IV_2012_r..JPG


Traditional folk costumes

1698b847c2e4fe98c05adcdc9d420590_XL.jpg

popular-costumes.jpg

romanians-folk-dance-traditional-dresses-eastern-europe.jpeg

images


romania-children.jpg

roturism_traditii_calusul_foto6.jpg


And....a folk dance ...."Calusul"

 
. . .
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