HVB Tiriac Bank and UniCredit Romania

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Population

21.7 million

Area

238,390 sq. km

Capital

Bucharest

Currency

Romanian leu

GDP (nominal)

€ 97.2 bn

Per capita GDP

€ 4,510

GDP growth in 2006 (real)

7.7 %

The buoyant growth in 2006 was mainly supported by robust private consumption spending and accelerating investments, as a result of post-flood reconstruction activity. Growth prospects remain positive in 2007, on the back of EU membership, with some slowdown in consumption growth.

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