OTP Bank: Eight counties in Romania generate half of economic growth

Eight counties in Romania contribute by over half to the country's economic growth, which generates inequalities, given that these areas face a shortage of labor, said on Friday the general manager of OTP Bank Romania László Diósi during a press conference, reports local Profit.ro.

Inequalities at national level will continue to be generated by the most developed areas of Romania and the Government should take steps towards balancing, he added.

Future growth is jeopardized by the depletion of existing human resources even in the most developed areas of Romania. The most developed counties in Romania, especially Ilfov, Timis and Cluj, where the gross domestic product (GDP) per capita is the highest in the country, face the highest staff shortages at national level. Meanwhile, counties with the lowest GDP per capita, such as Teleorman, Mehedinti and Vaslui, have some of the highest unemployment rates, Diósi warned.

The OTP Bank director stressed the importance of agriculture in Romania for future economic development, as over 20% of all employees work in agriculture, the highest percentage in the European Union (EU).

OTP Bank is a medium-sized bank in Romania.

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