Romania produced a surprise with its strong growth in the last quarter of 2013, the best of the past five years, journalists from the Financial Times commented in an article entitled "Romania, the tiger of Europe?"
A five percent growth occurs nowadays rather in the performance of emerging economies in Asia or Africa, but in a country at the periphery of the "lazy" European Union, however, Romania surprised in 2013 with the best economic advance over the past five years.
This is how journalist Andrew MacDowall begins his review on the British publication Financial Times blog, saying 'although it is too early to say about Romania that it is the Tiger of Eastern Europe, the economic performance gives us reason to be optimistic. The investors demands for the issuance of Romanian bonds amounting to two billion dollars in January, which was subscribed five times, demonstrates their confidence in the country's fiscal consolidation shortly after Romania experienced a budget crisis. "
On the whole of last year, Romania's economy grew by 3.5%, among the fastest growth rates in Europe and well above the forecast of 2.8% made recently by the International Monetary Fund.