Romania Needs Further Reforms to Secure Growth - World Bank

BUCHAREST (Romania), August 22 (SeeNews) - The World Bank said that Romania has made an important progress in implementing reforms, but further challenges remain in order to ensure full recovery and growth. The country's economy has stabilised and is poised to regain growth momentum. However, further challenges remain in order to secure full recovery and growth in the short to medium term, due to both global and domestic factors, the World Bank said after the conclusion of its joint mission to Romania with the International Monetary Fund (IMF) and the European Commission.