Benchmark
When Having Fastest-Growing EU Economy Doesn’t Make You Richer
Romanians’ wealth has barely budged during the nation’s huge boom
Photographer: DAVIN ELLICSON/Bloomberg
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The benefits of living in the Europe Union’s fastest-growing economy may not endure for Romanians.
Despite gross domestic product rocketing as the government splurges on higher public-sector salaries and cuts taxes, the Balkan country’s wealth – calculated as citizens’ net assets as a share of disposable income – remains about the same as it was five years ago.