Romania mania

 Romania has the ninth largest population in Europe, with 21.7 million people. Over the past five years, the country’s macroeconomic performance has been encouraging with the economy registering a consistent level of growth. According to consultants Eurisko, GDP growth has been strong – averaging 5 pct since 2001, making it one of the highest in Central and Eastern Europe. At the same time, the level of inflation fell to 7.5 pct. (previously Romania had suffered from hyperinflation). Consequently, Romania has benefited from an improvement in the business environment. According to the Romanian Agency for Foreign Investments and the National Bank of Romania, foreign direct investments in first 11 months of 2005 reached EUR 4.436 bln compared to 2.158 bln for the same period of 2004. The interest of foreign investors was concentrated on the automotive, IT and electronics industry, as well as the real estate market.Compared to other markets in Central and Eastern Europe, Bucha