When it comes to attracting the attention of international investors, Romania has for many years been the wallflower of emerging Europe. Despite an economy and population second in size only to Poland among the EU transition countries, Romania’s vulnerability to external shocks, underdeveloped capital markets and reputation for political and financial unreliability have tended to deter all but the most enthusiastic fund managers.
Events of the past 12 months suggest global investors are finally waking up to Romania’s charms.
Thanks for your interest in Euromoney!
To unlock this article:
