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OECD Capital Market Review of Romania Romania     In the years before the COVID-19 pandemic, Romania enjoyed strong economic growth, which reduced the gap in terms of income per capita with high-income European Union (EU) economies and resulted in a decline in unemployment. However, the global economic shock caused by the COVID-19 pandemic has aggravated a number of long-term structural challenges in the Romanian corporate sector and capital markets. In particular, the use of market-based financing by the corporate sector is very limited compared to other markets in the region. This represents a barrier to sustainable economic growth and innovation in the Romanian economy. Going forward, capital markets will play a key role both in the recovery from the COVID-19 crisis and in creating long-term corporate resilience. Most importantly, well-functioning capital markets will help channel household savings to the real sector and facilitate investments that can improve Romania’s p

European commission directorateEuropean unionEuropean commissionRomanian financial supervisory authorityStructural reform support programmeDirectorate generalStructural reformMarket reviewMapping reportStructural reform supportஐரோப்பிய தரகு இயக்குநரகம்ஐரோப்பிய தொழிற்சங்கம்ஐரோப்பிய தரகுரோமானியன் நிதி மேற்பார்வை அதிகாரம்கட்டமைப்பு சீர்திருத்தம் ஆதரவு ப்ரோக்ராம்இயக்குநரகம் ஜநரல்