The EBRD’s Board of Directors has approved a new Country Strategy for Romania which will guide the Bank’s investment and policy engagement in the country during the next five years. It will focus on private-sector competitiveness, economic resilience and the green economy transition, a release shows.

To date, the EBRD has invested more than 12 billion euros in the Romanian economy.

The new EBRD strategy aims to help sustain Romania’s convergence path while addressing its remaining structural vulnerabilities.

Between 2025 and 2030, the EBRD will focus on enhancing private-sector competitiveness in Romania through innovation, access to finance and good governance and on supporting the country’s economic resilience and green economy transition.

Victoria Zinchuk, EBRD Regional Director for Romania, said: “Our new country strategy is an active response to Romania’s most pressing economic issues. It provides a framework for targeted investments and policy engagement that can help the country overcome its immediate fiscal crisis and build a more sustainable and prosperous future”.