Justin Vela

In Belgrade, Serbia…current contact info…new work…No confidence in Romania…

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Belgrade- +381 63 72 58591

The above is my current contact information. I can also be reached at justin@justinvela.com

I’ve got some new work out on the current crisis in Romania.

Romania is currently embroiled in its worst economic crisis since the fall of communism. The economy contracted 7% last year and, despite slight second-quarter growth, is expected to contract further by the end of the year. The depth of the government’s unpopularity was illustrated at the end of September when Bucharest was hit by a series of protests over the austerity measures dictated by the terms of a €20bn loan provided by the IMF, EU and World Bank. “The background of those protests are represented by those poor economic conditions and the economic situation,” says Calin Veghes of the Bucharest Academy of Economic Studies.

Read the entire article here

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Written by Justin Vela

October 19, 2010 at 8:10 am

Posted in Europe

Tagged with , , , , ,

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