Corruption continues to hamper economic freedom and fiscal health could be improved, but Romania has entered a period of political stability. Economic development is set to slow, as high inflation erodes purchasing power and has led to greater borrowing costs. A populace that is ageing and contracting is reducing the appeal of the consumer market, whilst brain drain continues to be an issue. Mobile technology is making further inroads, as 5G is rolled out, but innovation is somewhat lacking.
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