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ZF Expert: European fund-fuelled production, the key to economic rebound

25.02.2010, 19:45 11

European fund absorption is Romania's chance to boost productionand offset the decline of consumer spending, said the guests at theopen editorial meeting ZF Expert yesterday, where ZF readers areinvited to talk about the most important topics of the day.

Lucian Anghel, chief economist of Banca Comerciala Romana, IonutDumitru, chief economist of Raiffeisen Bank Romania, Andrei Haret,vice-president sales & distribution of Ursus Breweries, CiprianNanu, business development manager of Remco Romania, NicolaeSorescu, general manager of automotive dealer Radacini Motors andAnda Todor, managing partner of Salans law firm agreed Europeanmoney was a solution for economic rebound.

"Absorption of the European funds is the key to economicrebound. There are talks about speeding up the process, which wouldbe a step forward. I believe banks should be a part of the projectassessment process," said Lucian Anghel, chief economist of BCR.

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