"Emerging Opportunities in Romania's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" Published
Romania has a developing upper-mid-sized economy which is the eleventh-largest in the European Union (EU) by total nominal GDP, and the eighth-largest based on purchasing power parity. During the review period (2008-2012), the Romanian cards and payments industry registered marginal growth, with a combined card volume CAGR of 1.45%. Romania was heavily affected by the global financial downturn and its GDP contracted by -2.6% in 2009, forcing the government to enact harsh austerity measures and borrow heavily from the IMF...
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