Banking's Implications On Romanian's Business Environment In Context Of Global Financial Crisis
Source: University of Craiova
The economic crisis which has begun in 2007 has brought to surface most of the problems from the Romanian economy. While the highly industrialized countries have engaged heavily in anti crisis measures, Romania preferred to let this phenomenon go away. The problem with the economic crisis is that one cannot wait the end of it and then start acting as if nothing has ever happened. To make things even more complicated, current economic crisis has raised many questions on economic theory and in particular, how the governments interact with the financial banking system.