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Bucharest: a government committed to liberalization may help growth to take off |
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Eugen Radulescu’s favourite joke is an old one. “How many economists does it take to change a light-bulb?” he asks. “None. If the light-bulb needs changing, market forces will see to it.”
Radulescu is president of Romania’s recently privatized Banca Agricola and he believes that the market will always win in the end. This is one of the reasons for his optimism that Romania will reform successfully and eventually join the European Union.
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