Romania has been hit by the global downturn and it secured a $17.1 billion International Monetary Fund loan, which was needed to help the country balance the books this year so it can keep paying public salaries and pensions. The unemployment rate is about 7 percent, up from 4 percent a year ago. The economy is expected to contract by 8 percent this year, following three years of an annual economic growth of 8 percent.
Question: can all countries dismiss their own governments because the economy sucks? How have other countries' governments not been dismissed in this global economic crisis?
1 comment:
Nice post as for me. I'd like to read more about this theme. Thanx for posting that info.
Joan Stepsen
Computer gadgets
Post a Comment